The New Rules of Reverse Mortgages

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vKBiNHHnFf of @ Aug 09, 2009 00:10:22 AM

Paying taxes

No, just paying the taxes on a home owned by another doesn't get you the home. Each state has a requirement of a certain number of years the unpaid taxes must "ripen" before being sold as a tax certificate to a 3rd party. And before a tax deed for the property can be issued to the 3rd party, a series of notices must be sent to all parties with an interest in the property -- owner, lender, lienholders, etc.

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cialis of AL @ Jul 16, 2009 05:24:26 AM

Paying taxes

If a senior does not pay the taxes on the exact date required, some local agencies have informed secret investors and they have paid the taxes unbeknown to the senior. I am not sure if that means eventually the home will go to those who paid the taxes, etc. I'd like that checked into.

NW of MI @ Jul 11, 2009 13:37:01 PM

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The Best Life

Contributing editor Philip Moeller writes about the people, ideas and programs that provide "best life" retirement solutions and opportunities.

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