Tax Foreclosure Land thumbnail

Tax Foreclosure Land

Published Jan 25, 25
3 min read

Table of Contents




It's usually a lawyer or a paralegal that you'll finish up chatting to (surplus payments). Each area of course desires different details, but in basic, if it's an act, they desire the assignment chain that you have. The most current one, we actually confiscated so they had actually entitled the deed over to us, in that instance we sent the deed over to the paralegal.

For example, the one that we're needing to wait 90 days on, they're ensuring that no one else can be found in and declares on it - unclaimed foreclosure funds. They would certainly do more research, however they just have that 90-day duration to make sure that there are no insurance claims once it's shut out. They refine all the documents and ensure every little thing's appropriate, then they'll send in the checks to us

Land With Tax Liens

Surplus Funds List CaliforniaFree Tax Lien Information


Then another simply believed that came to my head and it's happened when, every once in a while there's a duration prior to it goes from the tax department to the basic treasury of unclaimed funds. If it's outside a year or 2 years and it hasn't been claimed, maybe in the General Treasury Department

If you have an action and it checks out, it still would certainly coincide procedure. Tax Excess: If you require to redeem the taxes, take the residential property back. If it does not offer, you can pay redeemer taxes back in and obtain the property back in a tidy title. Regarding a month after they authorize it.

Once it's authorized, they'll state it's going to be two weeks since our audit division has to refine it. My preferred one was in Duvall Region.

Lien Tax PropertiesDelinquent Tax Deed Sale


The counties constantly react with stating, you do not require a lawyer to fill this out. Anybody can fill it out as long as you're a representative of the company or the proprietor of the property, you can fill out the documents out.

Florida appears to be rather contemporary as much as just scanning them and sending them in. tax delinquent properties list. Some desire faxes which's the worst due to the fact that we have to run over to FedEx simply to fax things in. That hasn't been the case, that's only happened on 2 regions that I can think about

It most likely marketed for like $40,000 in the tax obligation sale, yet after they took their tax money out of it, there's around $32,000 left to declare on it. Tax obligation Excess: A great deal of regions are not going to give you any extra details unless you ask for it yet once you ask for it, they're most definitely useful at that factor.

Foreclosure Tax

They're not going to provide you any kind of extra information or assist you. Back to the Duvall region, that's just how I got into an actually great conversation with the paralegal there.

Various other than all the details's online due to the fact that you can just Google it and go to the area site, like we use normally. They have the tax actions and what they paid for it. If they paid $40,000 in the tax sale, there's most likely surplus in it.

They're not going to allow it get too high, they're not going to allow it get $40,000 in back tax obligations. Tax obligation Excess: Every area does tax repossessions or does repossessions of some kind, particularly when it comes to residential property taxes. surplus funds application.

Latest Posts

Are Tax Lien Certificates A Good Investment

Published Mar 30, 25
7 min read

Unpaid Taxes On Land

Published Mar 25, 25
7 min read

Do I Owe Property Taxes After Foreclosure

Published Mar 25, 25
7 min read