Posts Tagged ‘property taxes’
Questions about Short Sale, Property Tax and Loan Modification
I have 2 1/2 years worth of property tax to pay. Needless to say that I cannot pay it especially right now that my finances is not in great shape. I called my lender and they first talked to me about loan modification. I am willing to do a loan modification but it's still too high. They also said they can wipe the property tax clean for me. Can that be done? Are they telling me the truth?
What about when it's on short sale. If it's still the process, am I still liable to pay for the property tax I already owe? What about those weeks or months that is up for short sale, am I still liable for prop taxes during those weeks and months? pls someone help! I feel like my lender is lying to me about wiping the property tax. I'm so confused, scared, and not sure what to do!
If you're new around here, you might want to subscribe to our Upside-Down Mortgage RSS feed. It's quite likely the only feed of it's type on the internet!