It’s important to keep in mind that, in the USA, you are liable for paying the property taxes on any real estate you own. The government spends the tax money on things like roads, parks, libraries, public services and schools. Typically, the tax burden is determined by the property’s assessed value, while property tax debts create a lien on a home when a homeowner doesn’t pay them. With a lien, the asset effectively serves as collateral for the loan.Every state, including California, has a procedure that enables the taxing body to sell a house in order to recover unpaid taxes.
Your property is liable to the power of sale after a maximum of five years have passed after your taxes went into default. If you don’t pay the taxes by the date the property is offered for sale or acquisition, the property will be sold at a public auction or purchased by a public agency after giving official notice of the impending sale. The first payment of your annual tax bill becomes past due and is subject to a 10 percent overdue penalty if it is not received by the Tax Collector’s Office by 17:00 on December 10, or if it is not postmarked by that time and date. The second instalment becomes delinquent, and brings a 10 percent penalty on the unpaid taxes as well as an administrative fee of 38.06 dollars, if it is not received by the Tax Collector’s Office by 17:00 pm on April 10 or is not postmarked by that time and date.