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Updated about 8 years ago,
Credit Impact to Owner When House is Sold at County Tax Auction
Hey Folks,
I know that delinquent property taxes have a negative impact on an owner's credit score. But what happens when the property is sold at county tax auction? Will the auction will have a negative impact on their credit score, or does it not matter because their delinquency is already recorded? Or maybe the auction can be good for their credit score because the taxes are then paid off (just made that one up)?
Anyone know?