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OVERLOOK STONEHAM, MA 02180
- Single Family Home / Tax Lien
Property Details for OVERLOOK St, STONEHAM, MA 02180
Features
- Lot Size : View Details
- Total Units : View Details
- Total Rooms : View Details
- Stories : View Details
- Roof Type : View Details
- Heating : View Details
- Construction Type : View Details
- Exterior Walls : View Details
Facts
- Year Built : View Details
- Property ID : View Details
- Parcel Number : View Details
- Property Type : View Details
- County : View Details
- Zoning : View Details
Foreclosure Info
- Judgment Amount : View Details
Description
A tax lien was recorded against this property. When a landowner fails to pay the taxes on his or her property, the city or county has the authority to place a lien on the property. A lien is a legal claim against the property for the unpaid amount that is owed. Property that has a lien attached to it cannot be sold or refinanced until the taxes are paid and the lien is removed. When you purchase a tax lien, you are essentially paying the property taxes and placing your own lien on the real estate. The owner must pay the back taxes to you, plus interest, instead of the tax collector to clear the lien. Because the interest rate for tax liens is among the highest allowed by law, this makes the tax lien purchase a desirable investment. For more information on the status of this property, contact the county or city tax office.
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