Don’t Listen to Your Tax Assessor - Posted by Bill K. (AZ)
Posted by Bill K. (AZ) on June 10, 1999 at 17:14:25:
I don’t know anything about the Houston real estate market, but the ignorance of your tax assessor has prompted me to write.
The tax lien system was instituted by your government. Hence, it is THEY who are creating these “sharks”, as he calls legitimate investors. You’re just following the rules. I suspect that you’ll find tax liens on every kind of property, not just “ghetto-type” housing, as described by your assessor. People from all walks of life and all economic backgrounds can run into financial problems and get behind in their tax payments.
Regarding “helping the Houston community”, that’s exactly what you’re doing. If you don’t pay those taxes, who will? By paying the back taxes, you are helping the Houston community collect taxes that would, otherwise, be uncollectable. And besides, I can guarantee you that if a homeowner failed to pay taxes long enough, your helpful tax assessor would be the first one to file a lien and sell the property to collect on those back taxes…possibly throwing a family out in the streets. What a “mean” thing to do on his/her part.
Finally, if your tax assessor is soooo concerned about homeowners being taken advantage of, let HIM pay those back taxes and everyone will be happy. Well, maybe he won’t be so happy. But, hey, at least he can say that he kept the “sharks” away!
Keep your chin up. The deals are out there.
Tax assessors don’t have to be real estate investors, they don’t have to be familiar with creative ways to purchase real estate, and they certainly don’t have to pass an “altruism test” before they take office.
Bill K. (AZ)