Friday, September 5, 2008

How to research delinquent taxes

We recently covered how you or your buyer agent can research a mortgage in order to learn more about a seller's position prior to making an offer. Another good research item that you can pursue as a buyer is to take a look at whether or not the seller has fallen behind on his property tax payments. Researching delinquent taxes is easy and takes only a few minutes. Here's how you do it:

  1. Go to Access Dane.
  2. Select Public Access.
  3. Select Parcel Information.
  4. Select Query by Parcel Address.
  5. Enter the Address Number and Street Name and click Search. A property information page will appear, including a section on taxes that looks like this:


Not only does Access Dane provide information on annual property taxes, it also tells you whether or not there are delinquent (past due) taxes on a home, as in the example above. Why is this important? Because a seller will need to pay off any delinquent taxes before or at the time of closing before the property can change hands.

To find out how much the seller owes in back taxes (including penalties and interest), all you need to do is send an email to the Treasurer's Office. The Treasurer's Office will return your email with an itemization of how much the seller owes in back taxes, penalties and interest.

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