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Old 10-02-2018, 11:49 AM   #55
Top-Water
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Quote:
Originally Posted by tis View Post
In NH your taxes have to go unpaid for three years before the town will take them. Then it depends on the town how fast they move They do have to give notice that they are going to take the property.
That is correct, the lien and the (collecting of funds / forcing a sale) are two different parts of the process.

Lot's of towns don't rush this process, if they know that the property has equity, however it will cost a ton of money to settle up with the town as the interest penalties are very very steep. The longer you wait the more they make and they know that.
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