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How to Stop Property Tax Foreclosure

Dave Charron • Jan 29, 2022

How to Stop Property Tax Foreclosure

How to stop property tax foreclosure

How To Quickly Stop Property Tax Foreclosure 


If you are in the Syracuse area, currently facing a pending foreclosure, it is important to take action as soon as possible. It is vital that you contact someone that can help stop the foreclosure. In particular, property tax foreclosures must be addressed weeks t months before the actual event occurs. If you wait too long there will be no way to stop the auction.  The best way to avert a pending foreclosure is to pay back all of the taxes that you owe. But you already know that!  Depending upon the state in which your home is located, there are specific procedures that must occur to halt the foreclosure. If you are delinquent on your property taxes in Syracuse New York, you may want to contact our company. Here is an overview of how we can help you stop your property tax foreclosure.


How The Foreclosure Process Works In New York


In the state of New York, you your property will end up going to an auction for the town to recover the taxes owed to them.  If they get more than the taxes owed then they keep the rest.  As terrible as that sounds, thats how it works in NY.   The foreclosure process will begin about three to twelve months prior to the expiration of this date. Properties that are in foreclosure will be sold at public auction. This typically occurs at the courthouse in your particular county. They are sold to the highest bidder, which will either be a third party, or even the lender, giving ownership to your property to the person who makes the payment. When this occurs, your credit score is going to be greatly affected. It will make it difficult, if not impossible, to get another mortgage. That's why contacting an investor to purchase your home might be your best option. However, this must be done way before the date of the foreclosure sale.


Reasons To Work With An Investor like CNY Housebuyers


Investors are easier to work with than a realtor for several reasons. Most importantly, investors will pay you cash for your home. A real estate agent can only list your property for sale and hope that a buyer will be interested. In general, buyers will not be interested in purchasing a home that already owes back property taxes. Our company, CNY House Buyers has helped many people in Syracuse that were delinquent on their property taxes. We make this process as easy as possible so that you can sell your house and avoid having a foreclosure list on your credit report.


How Our Process Works


The first thing that you will want to do is contact us directly. We have helped people in Syracuse, Liverpool, Clay, Manlius, Fayetteville, Cicero, and even Baldwinsville sell their properties at a rapid pace. We make cash offers to those that want to sell their property. This is typically done the day after we initially come out to evaluate your property but sometimes we can make an offer on the spot and have a contract to you that day. In fact, making cash offers, and providing quick closings, is what we do on a weekly basis. Once you receive our offer, you can then decide whether or not we are the best solution for your current problem. If you accept our offer, we will then schedule the closing escrow. This can happen in as little as a week. Once escrow closes, you will receive your cash offer and your foreclosure can be stopped. It is a win-win scenario for everyone involved.


We Purchase Any Type Of Home


Our company will not only assist you with your foreclosure but we can purchase any other property that you may have. If you have recently inherited a house, or if you are going through a divorce, we can purchase any home regardless of its condition. Are you going through a divorce? Is your house in need of substantial repairs? We can make you an offer in as little as 24 hours. Whether the interior is pristine, or if you are a hoarder, we will make fair cash offers on any property that you have.


How To Get Started


On our website, you will see a form that will request a small amount of information. Once that is submitted, we will then call you to set an appointment. If you prefer, you can also contact us by phone to speak with us. Once the appointment is set, we will come out to your home to make an evaluation. Subsequent to the appointment, we will present you with a fair cash offer. If you accept, we will set a closing date to complete the process. Once the house closes escrow, you will get your cash at closing, and your foreclosure will finally be put behind you.


If you are facing a property tax foreclosure in the Syracuse area, contact us today. Our objective is to help as many people as possible. As long as we have some time before the date of the foreclosure sale, we can assist you by purchasing your home. Fill out our form today to submit your information at: https://www.cnyhousebuyers.com/contact

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