FAQs - Details
Question
NEW PROPERTY OWNER'S QUESTION: AM I RESPONSIBLE FOR PAYING THE REDEMPTION AMOUNT IF THE PROPERTY WAS SOLD IN A TAX SALE, OR IS THE PREVIOUS OWNER RESPONSIBLE?
Answer
"Yes"...You are responsible for the taxes. However, in situations such as this, we advise that you contact the party responsible for the closing of the sale to see if the money was set aside in an escrow account from you and the previous owner to pay the taxes.
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