Purchasing a home is everyone’s dream goal. It takes lots of planning and sacrifice to accomplish. However, with a house comes legal obligations, like paying taxes on the property. Failure to do so may lead to tax foreclosures. What Is a Tax Foreclosure? As you may have guessed, it involves the seizure of your property by the government for failure to pay your property taxes. Before the government forecloses on you, it must issue you with a notice. This gives you the space to contest the foreclosure in a court. By law, if you haven’t received prior notice, the...
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