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October 18, 2024
Facing Property Tax Liens in Hawaii? Here's What You Can Do
By: Erik Taniguchi
If you've fallen behind on your property taxes, you may be facing a property tax lien. This can be a stressful situation, but it's important to know that there are steps you can take to resolve the issue and avoid losing your home.
Understand the Consequences
A Property tax lien gives the government a legal claim to your property due to unpaid taxes. If not addressed, the lien can lead to foreclosure, further financial penalties, and damage to your credit. However, you have options to manage or remove the lien before it reaches that point.
Explore Your Options
Before the situation escalate, consider the following options:
Before the situation escalate, consider the following options:
1. Negotiate a Payment Plan with Your County
Many counties in Hawaii offer payment plans to help homeowners pay off their property tax debt over time. Contact your local tax office to see if you can work out a plan that fits your budget.
2. Look Into Property Tax Exemptions
Hawaii offers tax relief programs for certain groups, such as seniors veterans, and low-income homeowners. You may qualify for a property tax exemption or reduction that can help lower your tax bill moving forward.
3. Seek Professional Guidance
Navigating tax liens can be complex. A tax attorney or a real estate professional with experience in distressed properties can offer advise specific to your situation. They can help negotiate on your behalf and provide options to protect your home from foreclosure.
Consider Selling Your Home
If paying off the lien is not feasible, selling your home may be a smart solution. Selling your home quickly for cash allows you to pay off the lien and avoid further financial strain. At Sell House Fast for Cash Hawaii, we buy homes as-is, including those with tax liens. Our process is fast, simple, and designed to help you move forward.
If paying off the lien is not feasible, selling your home may be a smart solution. Selling your home quickly for cash allows you to pay off the lien and avoid further financial strain. At Sell House Fast for Cash Hawaii, we buy homes as-is, including those with tax liens. Our process is fast, simple, and designed to help you move forward.
Take Action Now
Property tax liens can be overwhelming, but you don't have to face them alone. Act quickly to explore your options and avoid the risk of foreclosure.
Call us at (808) 285-3422 or fill out the form on our website for a no-obligation consultation. Let us help you take control and resolve your property tax line.
