QUESTION
My dad is in a dementia care facility, we are close to signing deed in lieu (reverse mortgage), he does not have money for taxes, shat happens?
Asked on Jan 28th, 2016 on Taxation - New Jersey
1 ANSWER
Criminal Defense Attorney serving Toms River, NJ
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Edward J. Dimon
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Are you speaking about property taxes ? If so, you must pay them or the municipality will allow a third party to pay the taxes which puts a lien on the property with interest and can force a sale. Work with the lender to pay the taxes. Ed Dimon
Answered on Jan 29th, 2016 at 5:17 AM