I am trying to sell the house that my sister who is in a nursing home, a sister that has passed, and has two heirs, and I own. I found out 8 yrs. ago when I returned to the home place there were back taxes owed. Because my sister is 75, they are on forebareance. I myself, no realtors, is selling the house.
The taxes have accumulated to well over 11,000. I was quite shocked. With interest I am sure they are more. I live on a fixed income and in no way would I ever be able to pay this. I am barely able to afford the upkeep on the home. That is why I am selling. It is to big for just me.
It is possible that the taxing authority has filed liens against the home for the outstanding taxes. If so, then at the closing the closing agent would obtain a payoff figure for the taxes owed and issue payment to the taxing authority from the closing proceeds. However, I recommend that you consult with a local real estate attorney who can determine if this is the case. If you choose not to consult an attorney then perhaps you can contact the taxing authority and ask if you can do what you propose.
Some taxing authorities sell tax certificates to investors. I am not licensed in Texas and therefore do not know if that is the case there. Again, the best recommendation is to consult an attorney.
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In Texas, real estate transactions are typically closed in a title company. When that happens, all existing taxes must be brought current and that is typically done out of the proceeds of sale. If there are $11,000 in back taxes due on the house, and you sell the house for $20,000, The title company would pay the $11,000 in taxes and deliver to your sister or you the difference which would be approximately $9000
Hope this helps. If you think this post was helpful, please check the answer was a good answer tab below. Thanks. Mr. Geffen is licensed to practice law throughout the state of Texas with an office in Dallas. He is authorized to handle IRS matters throughout the United States and is licensed to practice in US Tax Court as well as The Court of Claims. This answer is provided as a public service and as a general response to a general question, it is not meant, and should not be relied upon as specific legal advice, nor does it create an attorney-client relationship.
Yours is a sad story but unfortunately taxes must be paid
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