What happens if you do not pay your property taxes?

+1 vote
asked Jul 22, 2018 in Other-Finance by citrine (340 points)
What happens if you do not pay your property taxes?

1 Answer

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answered Jul 22, 2018 by Lexwall (660 points)
I'm not sure on whether you're asking about personal property taxes or real estate taxes.

But if you don't pay your real estate taxes when due you'll be hit with a penalty which is interest per year that adds onto the amount due for the real estate taxes.

Then you usually have at least 3 years to pay off the owed real estate property taxes before the real estate is put up for sale at a tax auction where someone else bids on and buys your home or land from the county.

You must pay the full amount of real estate taxes due within that 3 years to keep your house or land.

For personal property taxes you usually only have 1 to 2 years to pay the personal property tax before the county will issue a warrant to the sheriff to either collect the amount of money owed on the personal property or collect and seize the personal property itself.

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