I have not pd property taxes in 2 years, I am current w/ the mortgage, can i lose my house?

Question

I have not pd property taxes in 2 years, I am current w/ the mortgage, can i lose my house?

Answer 1

Yes

The state can place a lien on your home and take it for unpaid taxes.

Answer 2

You are definitely at risk of losing your home because of delinquent taxes.

Answer 3

Yes, you can lose your home.  Pay your back taxes and penalties and get that problem off your back--you will feel better.

Answer 4

Sure but when depends on state law.  Your county taxing agency should be able to tell you what happens when.

Answer 5

Your lender is not going to let this happen.  Since the state lien supercedes a lender's mortgage, the state could foreclose.  Prior to this happening, your lender as a current lienholder will receive a notice from the state.

The lender is going to escrow your taxes.  They will use a term similar to someone not having insurance and its called Forced Placed.

Lets say you owe $5,000.  The lender will pay it so that they remain in first position.  They will run an escrow analysis.  Your monthly mortgage payment will increase significantly.  I can run figures for you, shoot me a message if you want.

But if you did not have a lender, you would be more likely to lose your home.  Since you have a lender, they will save you.