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If you pay the taxes on a house that has been foreclosed does that mean you own it?
Wiki User
∙ 14y ago
No the bank owns the house.
Wiki User
∙ 14y ago
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What is a tax lien list, and what does it mean for a business?
A tax lien is issued when a company fails to pay their taxes. If they do not pay their back taxes the property may be foreclosed. A tax lien list contains a list of delinquent properties.
What does impuestos de la casa mean?
The taxes on the house. (Property taxes.) In Mexico these are called los predios.
What does rehabbed mean in real estate listings?
A home that was foreclosed or bank owned (REO) and has been purchased and renovated to like new condition.
If you have savings and your house is foreclosed will you lose your savings?
Do you mean equity?. You could lose all or part of it depending on how much revenue the house brings at auction. Talk to your mortgage lender and make arrangements to try and keep your house. Good luck. PS. they don't want the house they want MONEY! .
What are the terms gross pay net mean?
Gross pay is pay before taxes have been deducted were net pay is after taxes.
What do foreclosed mean?
The action taken by a bank or loan company to call in a loan or mortgage.
How can you protect your attached home when your neighbor is foreclosed on?
Protect your home from what? What do you mean by attached home?
What does the real estate standard contract default rate mean?
The real estate default rate is the rate of borrowers that fail to remain current on their loans. When a homeowner is in default, their house may be in danger of being foreclosed on.
What does it mean when your federal taxes have been impacted?
It means they're coming in wrong and pressing up against your other taxes. You need to have the IRS extract them.
If you own 2 homes and you foreclose on 1 can they take both homes?
Foreclosure only affects the item listed on the contract, in this case house 1. This does not mean that the bank/lending company cannot file a lawsuit to recoup the losses associated with your foreclosed home from house 2.
What does No Representation mean?
It means, 'We will only pay taxes that our representatives in a House or Assembly [or similar body] have approved and passed into a law.The slogan was used by the American revolutionaries and meant they they weren't willing to pay taxes imposed by the British House of Commons - as they were not represented there.It can also mean that if you expect me to pay taxes then I am entitled to a say in how that money will be spent i.e. to have a vote in the elections to the the body with fiscal powers.
What does the phrase ' need to sell my house mean'?
Usually this phrase means somebody is in over their head and about to be foreclosed on. Sometimes it may be a case of a loved one having died and the other person just wanting to go somewhere else.
