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utility liens: DELINQUENT UTILITIES AND THE REO BUYER - 07/14/09 12:04 PM
If you are a buyer of REO property here in Sacramento, you should know about an interesting "quirk" in our utility and tax billings that could cost a buyer time, money and aggravation.
When homeowners are losing their property to foreclosure many of them stop paying their utility bills.  The water, sewer & garbage portion of these utilities are billed by the City or County of Sacramento and they have a unique process to insure payment for delinquencies.  This method has caused many REO buyers to deal with utility liens/billings after close of escrow.
Here is a summary version of the process.   If there are delinquent amounts … (6 comments)

 
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Cathy McAlister, Sacramento DRE#00648507

Sacramento, CA

More about me…

Cathy Ashley McAlister, GRI CDPE - Broker / Sacramento

Address: Sacramento, South Land Park, Greenhaven, Freeport, Hollywood Park, Tahoe Park

Office Phone: (916) 456-3884

Cell Phone: (916) 708-6995

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