Do I Still Have to Pay Real Estate Tax on a Short Sale?

tax

Question: Hi i’m behind with the payments and i decide to put my house up for short sale. do i still have to pay the real estate tax bill this coming june and september? thanks thuy

Answer: If the short sale is going through, the taxes will be paid by the lender through the escrow and sale. Taxes are independent of the mortgage and can be called due at anytime during the process. The likeliness of that happening or very low, but it can happen.

It’s always best to speak with a qualified attorney when it comes down to these legal issues and especially taxes.

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