If you don't pay your property taxes the city or county government can take your house away from you.
Most of us know that simple bit of information to be true and if you don't believe me, head over to the courthouse and ask the clerk to show you how many parcels of land, homes and commercial zoned properties are about to be sold for the cost of the delinquent taxes, including any interest and penalties that might be applied to the bill.
If you don't pay the lien in two or three years or so after the taxes pass the due date the tax collector can foreclose on your home and sell it at the next tax sale.
Usually, about thirty days prior to the sale, the county clerk advertises the sale listing the properties that are included.
This might be a great way for a predator to pick up a great deal, but sadly at the expense of someone who's going through some really tough times, someone who just couldn't become financially adjusted enough to save their own home.
Try to help homeowners avoid this situation.
We have an obligation as real estate professional to try to find ways to remedy these tragic events and create a healthy economic balance for our neighborhoods.
Make it a priority and help save someone's home, and their family. Forget about commissions for a while, if you can, and perform a socially redemptive community service that will reward your heart.
Proverbs 28:8 "He that by usury and unjust gain increaseth his substance, he shall gather it for him that will pity the poor."