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dukeb

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Re: Kool Aid Man post# 89320

Monday, 08/05/2024 2:28:29 PM

Monday, August 05, 2024 2:28:29 PM

Post# of 91855
The town does not typically foreclose on a property. As I noted in my earlier post, the municipality sells the debt to a 3rd party. That 3rd party pays the back taxes and interest. That 3rd party then goes after the property owner to collect. And if they don't collect for 2 years then the 3rd party begins the foreclosure process.

I don't know what payments are required to stave off a tax sale. If I get time I will ask my expert and will report back.
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