Yes. It is possible to lose your home to foreclosure from your taxing authority. The taxing authority has the authority to enforce a foreclosure due to unpaid property taxes. The longer your taxes go unpaid, the more likely it is that the taxing authority will foreclose on your property.
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If you don’t pay your delinquent property taxes, your taxing authority can charge annual penalties in excess of 44% of your tax bill. See the chart below for an example of the fees and penalties incurred from delinquent property taxes:
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Our current interest rates vary depending on loan terms, loan amount and property type. Call us for an exact quote.
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Yes. There is no limit to the amount of properties we provide loans for. However, we create separate loans for each property.
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