My mother in law lives in Texas. She has not paid her school taxes.?

They sent her a letter in the mail stating that they were going to foreclose on her home. Does anyone know how these work? She thinks that if they foreclose, once the house has been auctioned off she will get the money remaining from not paying her taxes. Is this accurate?
If her house is forclosed on she will not have any rights to anything?
The house is paid for….

Hope it’s a foreclosure and not a tax sale. Tax sale- The house will be auction off to the lowest interest rate. The person who wins will pay the taxes. Your mother-in-law will have two years to pay those taxes back with the interest at the rate of the winning bid. If she does not pay the winner back, she will lose her house to them, and no she will not get her equity.

Millvina Dean’s items auctioned in north Texas — Jan 12 2010

Comments are closed