Real estate tip: Tax delinquency impedes home sale
Will my property be affected if I accrue debts?
By Inman News, Tuesday, February 3, 2004.Inman News®
It can be. If you fail to pay your mortgage or tax bill, your lender or tax agency can place a lien on the property. A lien is a claim against the property and must be satisfied before the property can be sold.
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