The collection of real estate taxes for properties located in Mt Pleasant Ohio is a major priority for the Jefferson County Ohio tax collector. Mt Pleasant Ohio real estate property taxes help fund local services such as public education, police protection and medical services.
Delinquent property taxes on property located in Mt Pleasant Ohio create a serious cash-flow problem for the municipal. If the county is unable to collect real estate property taxes, they are also unable to fund important government services like police protection, public schooling, and emergency medical services.
In an effort to recover lost tax revenue, tax delinquent property located in Mt Pleasant Ohio is sold at the Jefferson County tax sale. The property is sold to the successful bidder (state laws differ), though often it is sold for the amount of unpaid taxes.
Successful bidders at the Jefferson County Ohio tax deed sale receive an Ohio tax deed. The sale vests in the purchaser all right, title and interest of Jefferson County in the property, including all delinquent taxes which have become a lien since issuance of Ohio tax deed.
Everyone is happy, Jefferson County Ohio recovers lost tax revenue, the purchaser acquires title to the tax delinquent property free and clear of all liens (including mortgages) created prior to the tax sale.
As with any investment, there is always an element of risk. Even if the tax sale process is written into Ohio law, mandated by Ohio law, and regulated by Ohio law, there is still a chance of purchasers incurring substantial loss. It is recommended that anyone considering buying a tax lien or tax foreclosure property consult properly licensed legal and accounting professionals.
Below you will find a collection of the latest user questions and comments relating to Tax Deeds on tax-delinquent property located in Mt Pleasant Ohio.
The following is a list of counties located in the state of Ohio. Tax Deeds for properties located in the following counties are sold at Ohio county tax sales.
Learn more about each county's individual tax sale process by clicking on the name of the county for which you are interested from the list below: