We Buy Houses In Huntington Beach California, and we would like to ask you: Do you have unpaid property taxes in Huntington Beach? If so, the consequences can be very difficult to deal with. In our latest post, we will help you learn more about what’s at risk and the solutions available to you!
Depending on where you live and the size and value of your home, property taxes can become a huge burden. Once you get behind, the penalties and fees will start compounding, making it even more difficult for you to get out of the hole you are in.
What Can Happen To Your Home In Huntington Beach?
The worst-case scenario? You could lose your home. You will likely incur penalties, fines, and interest should someone buy the tax lien on your home. When you fail to pay your property taxes, the government will put a tax lien on your property until the balance has been paid off. If the debt remains unpaid, the city will auction off the lien to the highest bidder. At this point, you must pay the bearer of the lien the back taxes, plus fees, penalties, and any interest the tax lien bearer has decided to impose. If they are not paid within an agreed-upon time, they have the ability to foreclose on your house and take ownership of it themselves. There are people that specialize in purchasing tax liens. It can be very scary if it comes to this and you have to worry about losing your home.
What Can You Do In Huntington Beach California?
There are a few things you can do when you are faced with unpaid property taxes. You can pay them, have them lowered, or work with Huntington Beach CA home buyers who are willing to help you out of the hole you are in. Nobody wants to lose their home, especially to a complete stranger. Before your unpaid property taxes get out of hand, do everything you can to resolve the situation.
Pay Your Home In CA Off
You can pay them back with the help of a loan. While this might seem like you are replacing one debt with another, having the peace of mind that you aren’t going to lose your home sometimes makes it worth it. Keep in mind that you will also likely have fees and penalties added on to your original debt. The entire amount must be paid off in order for the county to remove the lien on your property.
Try To Get The Value Of Your Home In California Lowered
You can choose to reach out to the property appraiser to have your property reassessed. Examine your tax bill and the amount you have been assessed. If you feel that they have the information on your home incorrect or that the amount you are being assessed is too high in comparison to other homes in your neighborhood, you might be able to secure a lower assessed value. Getting them lowered isn’t always easy. Make sure you have accurate and up-to-date information about the homes that have been recently sold in your area.
Sell My House In Huntington Beach CA
Sell Your Home Directly In California
A great way to get away from the burdens and consequences of unpaid property taxes is to work with homebuyers in Huntington Beach CA who will help you resolve the lien. The team at Premier Property Buyers will help you evaluate your situation and the solutions available to you. We offer cash for houses in Huntington Beach CA. Oftentimes, we are able to help you take care of the lien when purchasing the home. This will allow you to sell your house in CA and walk away unscathed. Property tax problems do not have to mean that you will lose your home. There is a way out!