The back taxes owed on a home are found in listings of homes scheduled for tax foreclosure at the county courthouse, in local newspapers or posted online by the local county government, according to Jeannine Mancini for SFGate. Lists of these homes can also be located by contacting the county tax collector's office.Continue Reading
Each state has its own set of rules and differing fees and penalties for nonpayment of real estate taxes, notes Marie Huntington for The Nest. When homeowners fall behind on taxes, their county government can sell their homes at auction. The county tax collector must place a lien against the property before it can be sold. Bidding for the home starts with the amount of back taxes owed plus fees, court costs and interest. In many cases, the successful bidder is able to acquire the property for significantly lower than market value.
Some states grant the successful bidder full rights to the property, while others grant ownership of the lien and require the bidder to foreclose and evict the delinquent taxpayers himself. Some states have a redemption period that gives the delinquent taxpayer the right to pay off the tax debt and retain ownership of the home for a specified time period after the tax sale, explains Huntington.Learn more about Taxes
The official government site for Tarrant County, Texas, allows residents to view their property tax information and make payments online, but records of personal income taxes cannot be downloaded from the site. People who are interested in seeing their personal tax records can request a transcript through the Internal Revenue Service, or IRS. Individuals can download the transcript from the IRS online or receive it within 5 to 10 days in the mail.Full Answer >
To calculate property tax of a Florida home, use the assessed value of the home to calculate school and nonschool taxes, explains the Florida Department of Revenue. Add the two calculated values together to get the final estimated property tax.Full Answer >
Tips for reducing property taxes include ensuring information on a property tax card is accurate, not adding additions on a home, giving a residence less curb appeal and walking the property with a tax assessor, notes Glenn Curtis for Investopedia. A homeowner should also find out how much his neighbors pay for property tax.Full Answer >
Information about property taxes is available from the county assessor's website of the county in which the property is located, according to SFGate. Since property taxes are not assessed by cities, a property's taxes cannot be determined or accurately estimated strictly by knowing what city the property is in.Full Answer >