Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago,
California Delinquent tax questions..
Hello community!
I have been working in this neighborhood for a while fixing up the historic homes and noticed another one of the houses needing work. After stopping by to see and knocking on the door, no answer to get in contact of the owner, I looked up to find the home is now 4 years delinquent on taxes.
The house is needing much work unfortunately and with taxes being delinquent, the owner may not have the funds to rectify any of the situation.
Though in CA, 5 years delinquency on property taxes, the city can file a lien and auction off the house.
If I pay those taxes, what's the process of if I wanted to take possession of the property after the 5 years delinquent taxes? As I have not set foot in that house nor tried to make any action to live and repair the property per adverse possession. Do I have grounds to put a lien myself or levy the property from the owner? Seeing this as an opportunity to have property at a massive discount in Los Angeles without needing to put $150k+ down would be great!
Mind you, I'm just looking to see what is possible as if there is someone living in the home, that would be a slimy move to take the property without communication. But, if they have given up on the home, is another story.
I plan to stop by the house again soon and leave a note and try to find contact info to talk with them to get their story.
From what I have gathered, the original owner passed away and one of their children obtained the estate of the home a while ago but, may be living in Orange County. Cannot confirm as of yet.
Not sure the best route, thinking I should consult with a RE lawyer, and talk to the city tax office if I can 't get a hold of the owner before the property goes into the 5 year delinquency.
Thanks!