Q.What happens if I owe back property taxes when I do a short sale?

A.Any back property taxes owed on the property remain the obligation and the responsibility of the homeowner / seller until the property is sold, at which point any back property taxes owed become the responsibility of the third party purchaser. Consequently, you should be upfront and inform a prospective buyer that you owe the property taxes so they don't pull out of the deal at the last moment.

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