| poconnor |
08-04-2016 04:12 AM |
When will my property be foreclosed on if I am delinquent on my Real Property taxes?
On or about March 1st annually, a petition for judgment and decree of foreclosure and sale is filed with the Superior Court concerning real property parcels with unpaid delinquent taxes for the preceding year(s) (e.g. property with delinquent 2010 and prior years taxes will be foreclosed following the March 2011 statutory publication and noticing period). Foreclosed property may be redeemed during the one-year redemption period by paying the tax amount(s) along with penalty, interest, and costs due. Properties not redeemed prior to the expiration of redemption period are deeded to the Municipality. Deeded properties that are not repurchased beforehand may be taken by the Municipality for public purpose or sold at public auction.
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