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Updated over 8 years ago,

User Stats

82
Posts
13
Votes
Derek Johnson
  • Investor
  • Waterloo, IA
13
Votes |
82
Posts

Back Taxes Sold on Property I Own

Derek Johnson
  • Investor
  • Waterloo, IA
Posted

Hello,

I just bought a house from a seller this past month. Now I got a letter from my county treasurer stating that there are delinquent property taxes and they've been sold to a buyer, and I have two years to pay them back with interest or risk losing the property.

WHAT? 

I got a conventional loan through a bank, do they not do a title search to check for liens? Am I really responsible for this? I've already contacted the mortgage officer I worked with and he is supposed to make some calls today and let me know what he finds out. Any advice here?

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