If I owner finance a home to someone and they do not pay the prop taxes what will...

[jennafur]

...happen? Will my land be sold I have financed a home for a couple (in Florida) and the arrangement was they were responsible for the taxes on that land every year. This year they decided not to pay the taxes, and have put the house up for sale, I was told it was being put on sale for a property tax sale also, how do I get what I have financed for them? Will the house be sold for the $900 in taxes alone or can I put a lean on the property for the amount I have financed for them? I just want to make sure I get the money that I am owed for financing the land for them, and I am not stuck with a house loan and no house to sell or rent out?

[bettyswestbrook]

1st I would contact the county that the property is located in to see if the property taxes are in my name and if I can make arrangements to pay the property taxes whether or not they are in my name. I would,also, contact an attorney to safeguard my rights. I do not know if the attorney would have to fill a lien or what. I do not believe that you can make the people pay what is still oweing on the property, however, with the help of an attorney you can p robably get your property taken off a tax sales