What happens if I don’t pay my property taxes in full?

If you do not pay your property taxes in full in Florida, you may face serious consequences. After taxes are due, the county Tax Collector sends a tax certificate to an investor, who pays the taxes and takes the certificate as an investment. If the taxes are not paid by April 1st, the Tax Collector will issue a Tax Deed. Once the Tax Deed is issued, the investor can take ownership of your property. Your property will be sold at a public auction. The amount of the bid by the investor is deducted from the amount of money you owe. The remaining balance on your property taxes must be paid to the investor before April 1st or the investor will take ownership of the property. If the taxes remain unpaid, the investor can force a foreclosure and evict you from the property. You may be responsible for paying additional costs associated with the foreclosure such as court fees, legal fees, and other costs. It is important to pay your property taxes in full and on time in Florida. If you are having difficulty paying your taxes, you may consider applying for a tax deferment, payment plan, or other payment options. You may also consider appealing your property tax assessment if you believe it is inaccurate or unfair.

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