All Forum Posts by: Dele Gabriel

Speak to a BK attorney but Bankrupty should protect the property from being foreclosed on, even a county cannot overstep bankruptcy laws. Now whether or not you wish to file is up to you, you asked the question we gave you a solution. We are a lender and have seen this 1000 times with borrowers (and have no issues with it either).

The property is not being foreclosed on, the tax lien is going to be auctioned.

you clearly do not want help in this matter. good luck

I will contact a BK attorney. Thanks.

I will contact an att

0 Votes

Dallas, Texas

Quote from @Chris Seveney:

Quote from @Dele Gabriel:

Quote from @Chris Seveney:

@Dele Gabriel

If you want to keep house, file bankruptcy

The tax lien will be auctioned in 2 weeks, If it's not paid.
Bankruptcy is not the solution.

The property is not being foreclosed on, the tax lien is going to be auctioned.

0 Votes

Dallas, Texas

Quote from @Dele Gabriel:

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

I live in Texas, I owe $12,000 property tax. If not paid in 2 weeks, the tax lean will be auction. I owe the property free and clear. Ideas please. What should I do?

It has passed that stage, the tax will be auctioned if i don't pay within 2 weeks.

So I assume You have spoken to the County and they declined to do a payment plan for you, is that right? And demanded you pay all back taxes at once?

Yes, that's where I am.

Unfortunately, that's not much (or an easy way) to do right now.

A few options (and it's just my opinion by attending several auctions and buying properties for a few years):

You could try to sell the property before the auction, that way you could solve the back tax and auction issue and - maybe - make some money;

You could hire an attorney to check all the legal aspects of the sale process to see if that is anything wrong or missing (not very likely and it would cost you);

You could work with the buyer (assuming it goes to the sale and someone buys it) on a way to buy it back (remember that is a 25% interest - on top of the purchase price and other expenses - that the tax auction buyer is entitled by the tax code).

Again, no easy way out of it, and You should always get professional advice (Lawyers, for example) to get you the best scenario possible for you.

Thanks.

Since you are experience in this matter. The property is worth over $300,000, can't I get someone to pay the tax and put a lien on my property. Sell the property and pay him as a partner or investor. What kind of problems am I looking at If I go this way.

0 Votes

Dallas, Texas

Quote from @Dele Gabriel:

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

I live in Texas, I owe $12,000 property tax. If not paid in 2 weeks, the tax lean will be auction. I owe the property free and clear. Ideas please. What should I do?

It has passed that stage, the tax will be auctioned if i don't pay within 2 weeks.

So I assume You have spoken to the County and they declined to do a payment plan for you, is that right? And demanded you pay all back taxes at once?

Yes, that's where I am.

Unfortunately, that's not much (or an easy way) to do right now.

A few options (and it's just my opinion by attending several auctions and buying properties for a few years):

You could try to sell the property before the auction, that way you could solve the back tax and auction issue and - maybe - make some money;

You could hire an attorney to check all the legal aspects of the sale process to see if that is anything wrong or missing (not very likely and it would cost you);

Again, no easy way out of it, and You should always get professional advice (Lawyers, for example) to get you the best scenario possible for you.

Thanks.

0 Votes

Dallas, Texas

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

I live in Texas, I owe $12,000 property tax. If not paid in 2 weeks, the tax lean will be auction. I owe the property free and clear. Ideas please. What should I do?

It has passed that stage, the tax will be auctioned if i don't pay within 2 weeks.

So I assume You have spoken to the County and they declined to do a payment plan for you, is that right? And demanded you pay all back taxes at once?

Yes, that's where I am.

Unfortunately, that's not much (or an easy way) to do right now.

A few options (and it's just my opinion by attending several auctions and buying properties for a few years):

You could try to sell the property before the auction, that way you could solve the back tax and auction issue and - maybe - make some money;

You could hire an attorney to check all the legal aspects of the sale process to see if that is anything wrong or missing (not very likely and it would cost you);

Again, no easy way out of it, and You should always get professional advice (Lawyers, for example) to get you the best scenario possible for you.

0 Votes

Dallas, Texas

Quote from @Chris Seveney:

@Dele Gabriel

If you want to keep house, file bankruptcy

The tax lien will be auctioned in 2 weeks, If it's not paid.
Bankruptcy is not the solution.

1 Vote

Dallas, Texas

Quote from @Felipe Lois Affini:

Quote from @Dele Gabriel:

I live in Texas, I owe $12,000 property tax. If not paid in 2 weeks, the tax lean will be auction. I owe the property free and clear. Ideas please. What should I do?

It has passed that stage, the tax will be auctioned if i don't pay within 2 weeks.

So I assume You have spoken to the County and they declined to do a payment plan for you, is that right? And demanded you pay all back taxes at once?

Yes, that's where I am.

1 Vote

Dallas, Texas

Quote from @Ryan White:

Quote from @Ali Williams:

Hey guys! I think we are going to shoot for:

September 8th 5:30-8:00 at Sidecar Social in Addison. Please let us know if you can make it so that I can give the space a call ahead.

There isn't a separate room, but the space is huge. I was interested in something pretty informal... but if any additional meetups happen from this thread/group I would be open to trying to make those too! Look forward to meeting you.

Count me in. I'll see everyone there.

I live in Dallas Texas, I owe $12,000 property tax. If not paid in 2 weeks, the
tax lien will be auctioned. I owe the property free and clear. Any Ideas?

0 Votes

Dallas, Texas

Quote from @Matt Solis:

@Daniel Schlittler Sign me up! I’m a new investor in the DFW area. I have properties in Plano and Arlington. Would love to expand my network.

I live in Dallas Texas, I owe $12,000 property tax. If not paid in 2 weeks, the
tax lean will be auction. I owe the property free and clear. Any Ideas?

0 Votes

Dallas, Texas

All Forum Posts by: Dele Gabriel

Dele Gabriel has started 1 posts and replied 25 times.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: My home is on tax sale.

Post: Dallas/North Texas Meetup

Post: Dallas/North Texas Meetup