U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Texas > Houston
 [Register]
Please register to participate in our discussions with 1.5 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Jump to a detailed profile or search
site with Google Custom Search

Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
 
 
Old 01-14-2008, 09:25 AM
 
1 posts, read 1,457 times
Reputation: 10
Default school district tax

hey can anyone tell me what happens when you buy a foreclosed house with a school district tax on it and you don't pay it what happens after that?
Quick reply to this message

 
Old 01-14-2008, 09:50 AM
 
Location: Houston (Memorial) and Western NC
8,811 posts, read 14,446,942 times
Reputation: 3945
You got credit at closing towards whatever portion of the tax year you didn't live in the house, it was taken off the purchase amount. Now you responsible to pay for the entire year, using that credit for part of the year. Foreclosure has nothing to do with taxes owed by you for 2007.Why wouldn't you pay school taxes on a property you own?

Basically if you don't pay, you will start to build up monetary penalties with the school district you owe. AKA- your tax bill will get bigger. Eventually, if you refuse to pay what you owe, they will just take your house.
Quick reply to this message
 
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Options
X
Data:
Loading data...
Based on 2000-2011 data
Loading data...

123
Hide US histogram

Over $79,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Texas > Houston
Similar Threads

All times are GMT -6.

2005-2014, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25 - Top