Behind on property taxes, or holding a notice about a county tax sale? We review Sacramento homes with property tax debt as they are. If you accept a written offer, the tax payoff, any liens and the costs set out in the contract come off the price at closing, and any remaining proceeds are paid to you.
Owners fall behind on property taxes for many reasons: a job loss, medical bills, a divorce, or an inherited house that came with unpaid taxes. Sacramento County charges a delinquency penalty once an installment becomes delinquent, and the Tax Collector publishes tax sale and public auction information for properties that remain unpaid.
The first step is to find out exactly where you stand. Ask the Sacramento County Tax Collector for the current amount owed and whether a sale date has been set. You can only compare offers once you have that figure along with your mortgage payoff and any other liens; missing figures stay unknown, not zero.
Summit Acquisitions Group Inc. makes written as-is cash offers on Sacramento homes with unpaid property taxes. If you accept, the tax payoff, your mortgage payoff, any other liens and the costs set out in the contract come off the price and appear on the settlement statement. Whether a sale can close before a scheduled tax sale depends on the date, clear title and escrow readiness, so ask any buyer, including us, how the closing date fits before you sign.
Get My Free Cash OfferNo judgment about how you got here. Tell us what notices you have received and, if you know it, how much is owed. A conversation and a written offer carry no obligation.
Three steps, with the numbers in writing before you decide.
Call (916) 251-9505 or use the form below. Tell us the property address, roughly how much you owe the county if you know, and any notices you have received.
After a property review, we send a written cash offer. We may purchase and close on a home directly, or we may assign our purchase contract to another cash buyer before closing. There is no obligation to accept.
If you accept, the sale closes through a title or escrow company on the date agreed in writing, subject to clear title and escrow readiness. The tax payoff and other payoffs come off the price and appear on the settlement statement. Ask the Tax Collector how a payoff at closing affects any scheduled sale date.
A direct sale is one option. Here is what it changes, and what it does not.
The tax payoff and any other liens come off the price at closing and appear on the settlement statement, so the numbers you agree to are in writing.
Ask the Tax Collector what a tax sale would mean for your property, then compare that with the estimated net from a sale after all payoffs and costs. A listing may bring a higher price if you have the time.
A direct sale has no yard sign, open house or public listing.
Whether a sale can close before a scheduled tax sale depends on how much time is left, clear title and escrow readiness. Confirm the date with the Tax Collector before you rely on any closing date.
There is no agent commission paid to Summit. Your payoff, any liens and any costs set out in the contract come off the price and appear on the settlement statement.
Deferred maintenance, clutter or code violations do not stop us from reviewing the property. The written offer reflects its current condition, and no repairs or cleaning are needed first.
No two tax-default situations are the same. Here is where to start in each.
The longer taxes stay unpaid, the more the amount owed can grow. Ask the Tax Collector for the current amount and whether the property is on a tax sale list.
If you have received notice of a scheduled tax sale, the time left matters most. Confirm the date and the amount required with the Tax Collector, then ask any buyer how their closing date fits.
An inherited home can come with unpaid property taxes. Who can sign comes first; see selling an inherited house in California.
If taxes, the mortgage and other liens add up to more than a buyer will pay, a sale may not cover every payoff. Talk to your lender and an attorney first; see also selling a house with liens.
Falling behind after a job loss or a medical crisis is nothing to be ashamed of. A HUD-approved housing counselor can talk through options at no cost.
If you own the property from out of state, the sale can run through a title or escrow company without you managing it in person. Ask the escrow company which signing options it accepts.
Tell us about the property and, if you know it, how much is owed. We will follow up about a no-obligation written cash offer and the payoffs that would come off the price. No judgment, no pressure.
Sacramento Property Tax Default
Tax-default situations raise specific questions. Here are answers to common ones.
Topic: California property-tax default & sale
Primary sources
This is general information, not legal, tax, or financial advice. California statutes, program funding, and county procedures change. Verify current requirements with a licensed California attorney, a CPA, or a HUD-approved housing counselor (free) before acting. Summit Acquisitions Group Inc. is a property buyer, not a law firm or brokerage.