Title

A title is a document that proves that you own property such as a home or a car. When you have a car loan your lender will usually have the title until you pay off the loan. When you buy a home you'll buy title insurance to make sure your home's title is clear and there are no liens on it. The title insurance company will run a title search to find out. Learn about how to make changes to a title here as well.

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Unpaid Real Estate Property Taxes: Redeeming The Tax Sale

If you don't pay the real estate taxes on your home, you could lose it to a tax purchaser. That tax purchaser can buy your home at a tax sale. You'll have a short period of time in which to redeem the property sold at the tax sale, but not long. Unpaid real estate property taxes is one reason why mortgage lenders require most home buyers to escrow taxes with their mortgage payment.

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