Today, we’re going to talk about what are your options when you’re behind on property taxes.
I have seen people actually lose their house for tax bill of $10,000 while their house is really worth two or three hundred thousand dollars, which is really a shame.
You just have to be very careful, and not fall behind on your taxes because if it falls behind and some time passes, the county can actually even sell the house to the highest bidder.
Try to see if they can either do a reduction for you based on maybe your age or your situation, or maybe do deferral, which you would be able to pay a little bit later, or maybe do a payment plan for you.
Just something that will help you pay those taxes. If everything else fails, and you’re really behind on the taxes, and you don’t know what to do, I would suggest considering selling the house before they actually sell it and you actually don’t get any money. Your house might have a lot of equity in it, and it’s not worth it.
The easiest way is for you to sell quickly to an investor, with an as-is offer so you don’t have to fix the house because if you don’t have the money to pay the taxes, you probably don’t have the money to fix the house either.
They will give you a fair cash offer to buy the property as is. I think that would be the best solution to get out of this problem.