Legal Question in Real Estate Law in New York
Purchasing Houses--Failure to Pay Taxes
How and who can purchases houses taken for non payment of taxes in NYC? Where can you find this information and does the purchaser of this house really make a worthwhile investment?
Asked on 7/05/07, 11:26 am
1 Answer from Attorneys
Johm Smith
tom's
Re: Purchasing Houses--Failure to Pay Taxes
Just google the topic for your location and you'll find plenty of information. Generally, paying overdue taxes is a good investment but not a good way to get ownership of the land. Buying a foreclosed property, on the other hand, would give you clear title directly.
Answered on 7/05/07, 12:48 pm
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