Property Taxes & Foreclosure

Property taxes are levied by local governments on real estate properties and are typically used to fund local services such as schools, roads, and emergency services. Failure to pay property taxes can lead to foreclosure, where the government sells the property to recoup the unpaid taxes.

The process and regulations surrounding property tax foreclosure vary depending on the jurisdiction. Generally, after a property owner falls behind on tax payments, the local government issues warnings and notices, giving the owner an opportunity to pay the delinquent taxes. If the taxes remain unpaid, the government can initiate foreclosure proceedings.

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