Uncategorized

The Consequences of Unpaid Property Taxes in Sacramento

Shutterstock 156563393

When you don’t pay your property taxes, the consequences can be serious. In Sacramento, the county can place a tax lien on your home, which gives them the legal right to sell your home in order to recoup the money you owe. Not only that, but you’ll also be responsible for all the costs associated with the sale, including the real estate agent’s commissions and any back taxes owed. And if your home doesn’t sell for enough to cover what you owe, the county can come after you for the difference. So, it’s in your best interests to make sure your property taxes are paid on time and in full.

 

What Happens If You Don’t Pay Your Property Taxes?

If you don’t pay your property taxes, the county can place a tax lien on your home. This gives them the legal right to sell your home in order to recoup the money you owe. Not only that, but you’ll also be responsible for all the costs associated with the sale, including the real estate agent’s commissions and any back taxes owed. And if your home doesn’t sell for enough to cover what you owe, the county can come after you for the difference. So, it’s in your best interests to make sure your property taxes are paid on time and in full.

 

Can I Negotiate A Payment Plan If I Can’t Afford My Property Taxes?

If you’re having trouble paying your property taxes, you might be able to negotiate a payment plan with the county. They may be willing to work with you if you can prove that you’re facing financial hardship or that paying your property taxes would cause undue hardship. However, they’re not obligated to do so, and even if they are willing to work with you, there’s no guarantee that they’ll agree to a payment plan that you can afford. So, if at all possible, it’s best to try to pay your property taxes on time and in full.

 

What Are The Consequences Of Not Paying My Property Taxes?

If you don’t pay your property taxes, the county can place a tax lien on your home. This gives them the legal right to sell your home in order to recoup the money you owe. Not only that, but you’ll also be responsible for all the costs associated with the sale, including the real estate agent’s commissions and any back taxes owed. And if your home doesn’t sell for enough to cover what you owe, the county can come after you for the difference. So, it’s in your best interests to make sure your property taxes are paid on time and in full.

Property taxes are a significant financial responsibility for homeowners in Sacramento. If you are unable to pay your property taxes, it is important to understand the consequences that you may face. These can include liability for unpaid taxes, penalties and interest, and even having your property sold at auction. If you are struggling to pay your property taxes, reach out to a qualified tax professional for help.