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house taxes

So if your house is foreclosed on, And you owed taxes on the property. Do you still owe? Or does it stay with the house and the new owner..That being whoever gets it in auction?

Answer Question
 
Anonymous

Asked by Anonymous at 2:00 PM on Nov. 24, 2008 in Money & Work

Answers (3)
  • I don't know if state laws are different but here in California the debit stays with the house. Some banks sell the repo houses for just what is owed in taxes.
    bugandsmiles

    Answer by bugandsmiles at 2:02 PM on Nov. 24, 2008

  • In Illinois, you are responsible for the taxes, even if you file for bankruptcy.
    Anonymous

    Answer by Anonymous at 2:47 PM on Nov. 24, 2008

  • Depends on a few things.....

    The Bank / Mortgage company
    The state your in
    Current laws in place when your home got foreclosed on..
    tyree08

    Answer by tyree08 at 8:17 PM on Nov. 24, 2008

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