Property taxes can be overwhelming. We can help you sell your houses with tax liens in Fair Oaks so you can move on with your life! Learn more about how to do it in our latest post!
If you are handling property tax problems, you might be worried about your ability to pay them back. The condition of not paying your taxes can result in losing your home if the problem is not taken care of.
Take a visit with a financial planner or someone who can help you take a good hard look at your finances. A fresh perspective on your spending might be exactly what you need to pay off your debts. Fix a plan to save a set amount per month and use that to pay down the total of your property taxes. The county is unlikely to issue a tax lien if you are making regular payments to your outstanding balance. Keep in mind, you will not only need to pay back the back taxes, but also the fees, penalties and interest that has piled up.
Some times you can work with the property agent to have your property taxes lowered if you believe they have been assessed incorrectly. You won’t be able to negotiate the rate of which you are taxed, however, you can negotiate the assessed value of your house. Check to make sure they have the specs of you house notated correctly. Don’t let them say you have 3 bathrooms when you really only have 2.5. The assessor will look at other house in your area and what they are selling for. Sometimes you need to dive deeper into the numbers. If you are going to challenge the value the assessor has placed on your home, make sure you have comparable houses to compare it to.
Find Someone To Help
While it might not make sense to replace one debt with another, getting a tax loan from a private lender can provide temporary assistance should you be on the verge of having your tax lien auctioned. Before you consider to the loan, make sure first you read the fine print and understand the repayment terms. The interest can be high and there can be severe due for nonpayment. Before you find yourself in this condition, search all of the options available to you.
There are buyers and investors out there who are ready to help you right now! InsightfulREI is a professional homebuyer who will help you with tax liens or anything else that is keeping you from selling the house to the traditional way. You don’t have to pay more money into the house or toward your tax bill. We will handle everything so you can sell the house and walk away from your property tax troubles once and for all. Keep in mind, not all buyers are the same. When you work with InsightfulREI, you can rest assured you will receive a fair price and honest treatment every step of the way. Selling your house to a direct buyer is one of the best ways to stop the frustrations that arise from tax liens!