Washington Property tax liens are a way for the government to ensure that it gets its money back when someone does not pay their property taxes. The liens are placed on the property in question, and if the taxes are not paid, the government can seize the property to sell off in order to cover the cost of the taxes.
Table of Contents
• What are Property Tax Liens?
⮩ How do Property Tax Liens Work?
• What happens when a lien is placed on your home?
• Who can put a lien on a property?
• How long does a lien stay on your property?
• How to stop a lien on your property?
⮩ Can Washington Property Tax Liens be Avoided?
⮩ Wanna sell your property with a property tax lien?
What are Property Tax Liens?
A Washington property tax lien is a legal claim that the government has on a piece of property in order to ensure that it gets paid for the property taxes that are owed. The treasurer’s office in Washington is responsible for issuing the liens, and they are placed on the property in question until the taxes are paid. The lien is placed on the property by the government, and it lasts until the taxes are paid in full. If the taxes are not paid, the government can seize the property and sell it off to cover the cost of the taxes. Tax foreclosure is a process by which the government takes ownership of a property after the taxes have not been paid. Foreclosure costs the government money, so the state tries to avoid it by working with taxpayers to come up with a payment plan or by seizing and selling the property.
How do Property Tax Liens Work?
When someone does not pay their Washington property taxes, the government can place a lien on their property as a way to ensure that it gets its money back. The lien lasts until the taxes are paid in full, and if they are not, the government can seize the property and sell it off to cover the cost of the taxes. A tax title property is a property that is owned by the government because the taxes on it have not been paid.
What happens when a lien is placed on your home?
When a Washington property tax lien is placed on your home, it means that the government has a legal claim on your property until the taxes are paid. Tax lien certificates are certificates that are issued by the government when a property is seized for tax foreclosure. The certificate lists the amount of money that is owed on the property, and it is used as proof of ownership of the property. Tax foreclosure sales are sales of properties that are held by the government in order to collect the money that is owed in taxes. The county treasurer’s office is responsible for holding the tax sale and issuing tax title properties. The county treasurer makes sure that it has accurately identified property boundaries, and it advertises the sale in order to give people a chance to bid on the property.
Who can put a lien on a property?
Only the Washington government can put a lien on a property for unpaid property taxes. Other creditors, such as banks or mortgage companies, cannot place a lien on someone’s property to get repaid. A tax lien state that the Washington government has a legal claim on the property in order to get paid for the unpaid property taxes. Tax foreclosure properties are properties that are seized by the Washington government because the taxes on them have not been paid.
How long does a lien stay on your property?
A Washington property tax lien stays on your property until the taxes are paid in full. If the taxes are not paid, the government can seize the property and sell it off to cover the cost of the taxes. Prior lienholders’ attempts on the same property will have junior lien status. Foreclosed property Washington state tax lien certificate will have a first lien on the property. Also recorded legal interest in the property will take place of the Washington state tax lien certificate.
How to stop a lien on your property?
If you want to stop a Washington property tax lien from being placed on your property, you need to pay the taxes that are owed. Once the taxes are paid, the lien will be removed from your property. If you are unable to pay the taxes yourself, you can try to negotiate a payment plan with the Washington government.
Can Washington Property Tax Liens be Avoided?
There are several ways that Washington property tax liens can be avoided. One way is to pay the taxes on time every year. Another way is to set up a payment plan with the government if you are unable to pay the full amount at once. You can also try to negotiate a settlement with the government if you owe a lot of money in back taxes. If none of these options are possible, you can try to sell your property before the government seizes it in a tax foreclosure sale.
Wanna sell your property with a property tax lien?
Even if you are still confused what’s the right path to selling your house in Washington, get on a call with our expert! We will guide you toward the fastest route! Let us do all the heavy lifting by letting us know more information about your property so we can assess the condition and current AS-IS value even with a property tax lien. 253 Houses will be able to give you a fair all-cash offer on your property simply by calling (253) 330-8228 or filling out the form below.