Sell a House Behind on Taxes in Texas

Falling Behind on Property Taxes in Texas Can Put Your Home at Risk

Texas has some of the highest property tax rates in the country, and when life gets hard financially, property taxes are often the first bill that gets pushed aside. What many homeowners don’t realize is how quickly the situation escalates. Unpaid property taxes in Texas accrue penalties and interest, and if left long enough, the county or a tax lender can move to foreclose on the property entirely. If you are behind on your property taxes and need to sell before the situation gets worse, DFW I Buy Houses can help.

Call 469-361-4402 today. Shannan has been buying Texas homes in difficult financial situations since 2005, and there is no judgment here — just a fast path forward.

How Property Tax Debt Complicates a Traditional Sale

When you list a home with outstanding property taxes, the debt does not disappear — it must be paid at closing from your proceeds. If the tax debt plus penalties has grown significantly, it can wipe out your equity or even exceed what the home is worth on the retail market. Add in agent commissions, potential repairs to attract a buyer, and closing costs, and some homeowners find that a traditional sale barely leaves them anything — or leaves them short.

The clock is also a factor. If a tax lender has placed a lien on the property or the county has begun the foreclosure process, there are legal deadlines that must be met. A listing that sits on the market for 60 to 90 days may not be a luxury you have. And the longer the home sits, the more the penalties and interest continue to compound.

A Fast Cash Sale Can Stop the Bleeding

DFW I Buy Houses can often close in two weeks or less, which means we can move quickly enough to stop a tax foreclosure, satisfy a tax lender’s lien, and get you what is left of your equity before more penalties are added. We buy homes as-is, so you do not need to make repairs or clean up the property before we make an offer. We handle the title work and coordinate the payoff of outstanding taxes at closing.

There are no real estate commissions to pay, and we take care of the process from offer to closing. We pay buyers and sellers customary closing costs including escrow fees, title policy, document preparation fees, and recording fees. The seller is still responsible for any property taxes or liens against the property.

If you are worried about what you owe and whether a sale even makes sense, give us a call and we will walk through the numbers with you honestly. We serve homeowners throughout the Dallas-Fort Worth area.

Call 469-361-4402 today or fill out the form on this page to get your free cash offer. DFW I Buy Houses buys homes in any condition across the Dallas-Fort Worth area.

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Related: Also read: How to Stop Foreclosure in Texas Before the Auction Date