Back taxes or liens on the property
Unpaid property taxes grow quickly once penalties and interest attach, and in most states an unpaid tax bill eventually becomes a tax sale.
The thing most people do not realize is that you generally do not have to pay off a lien before selling. Liens are settled out of the sale proceeds at closing, by the title company, as part of the transaction.
We've got it.
We'll review the property and get back to you within 24 hours with an offer. If you'd rather talk it through now, call us at (432) 296-5971.
What makes this hard
The parts that stall a normal sale
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Penalties compound
Interest and penalties on delinquent property taxes accumulate faster than most other debts.
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There may be liens you do not know about
Contractor liens, judgments, code enforcement fines, and old HOA balances routinely surface during a title search.
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A tax sale has a deadline
Once the process starts there is a date, and after it passes your options narrow considerably.
Where we fit
What we can actually do about it
- Liens and back taxes are paid from the proceeds at closing. You do not bring money to the table.
- The title company identifies everything recorded against the property, so there are no surprises later.
- If a tax sale date is approaching, tell us. We will tell you honestly whether we can close in time.
- Whatever is left after the payoffs is yours.
On every purchase, whatever the circumstances:
- No fees or commissions
- We cover closing costs
- Sold fully as-is
- No obligation
An offer within 24 hours. Closing in as little as 7 days, depending on the situation.
Questions
About this situation specifically
Do I need to pay the taxes before selling?
Generally no. They come out of the sale proceeds at closing.
What if the liens are worth more than the house?
Then the sale may not clear them, and we will tell you that plainly rather than string you along. Sometimes lienholders will negotiate.
What if I do not know what is on the property?
That is normal. The title search finds it. You do not need to research it yourself first.
Find out what we would pay
Tell us about the property and we will send a cash offer within 24 hours. If it does not work for you, turn it down.
Would rather talk to someone? Call (432) 296-5971.
Across 73 cities in 18 states.
We've got it.
We'll review the property and get back to you within 24 hours with an offer. If you'd rather talk it through now, call us at (432) 296-5971.