We’ll Buy Your House in Manchester, NH, If You Owe Back Taxes

What do a haunted house and a house with back taxes on it have in common?

They’re both hard to sell.

Selling your Manchester house can be challenging when you owe back taxes. If you do manage to sell it, the new owner will have to shoulder your outstanding obligations and pay an accrued interest rate of 8% — and no buyer wants this.

So, how can you solve your tax troubles if you have less than two years to pay off taxes?

An easy and potentially profitable solution is to use your equity and sell your Manchester house for cash.

At NH Home Buyers, we buy Manchester houses for cash. We’re here to offer you cash for your Manchester property even if you owe back taxes.

Find out more about selling a home with back taxes and how we can help you.

Back Taxes: Problems, Issues, and What They Are?

You’ll owe the government back taxes when you fall behind on your tax payments.

Back taxes are taxes that are unpaid by the due date, which is December 1, following assessment in New Hampshire.

There are different kinds of taxes that, if unpaid, will result in a tax lien on your property. These are:

• Property taxes
• Income taxes
• Business taxes

Failure to pay these taxes will result in the following issues and problems.

Accruing Penalties and Interest

The longer your back taxes go unpaid, the more you’ll have to pay later in penalties and interest. In New Hampshire, there’s an 8% accruing interest rate that keeps accruing until you settle your tax obligations.

Tax Liens and Levies

If you fail to pay back your taxes for a long time, the local government can place a lien on your property. Once this happens, your property will be placed on auction, and the local government will give you 30 days’ notice before the sale takes place.

Garnishment of Your Wages

Another consequence of back taxes is that your wages can be garnished to settle outstanding obligations. When you fail to pay your back taxes, your employer can withhold a percentage of your wages. The withheld amount will then be used to settle your unpaid taxes.

Reduced Credit Score

Back taxes and foreclosure can also significantly damage your credit score. With reduced scores, taking out loans and even refinancing another property will be challenging.

Access Trapped Equity to Pay Back Taxes Off Fast

If you’ve lived in your Manchester house for any amount of time, you’ll likely have built equity. Equity can be a valuable tool in settling outstanding tax obligations.

There are several ways to leverage it, including cash-out refinancing and taking out a home equity loan. However, these traditional methods can take time.

With tax sale auctions looming, you’ll need a faster way to access trapped equity to pay your back taxes.

So, what do you do?

You can sell your Manchester house for cash fast.

Sell It Fast to NH Home Buyers

Selling your home traditionally through a realtor won’t be a tenable option if you owe back taxes. Instead, sell your house to us fast and for cash.

At NH Home Buyers, we’ll buy your house even if you owe back taxes.

All you need to do is follow these easy steps:

1. Reach Out and Give Us Information About Your Property

The process starts when you contact us. Almost immediately, a customer service team member will be with you to schedule a consultation. During the consultation, we’ll ask you for details about your property as well as answer any questions you may have.

1. Let’s Talk and Get an Offer

After we’ve gathered information about your property, our real estate professionals will give you a cash offer. Our cash offers are free and non-obligatory, so you’re free to decide if you wish to sell your house to us.

1. Get Paid

Once you decide to sell to us, we work swiftly to close the sale timeline. This way, you can sell your house to us in just a week, leaving you enough time to pay your back taxes.

We Buy Houses in Any Condition and Life Situation

At NH Home Buyers, we’ll buy your house regardless of its condition. We’re also here to take it off your hands no matter what life throws at you.

Get a quick and competitive cash offer today if you’re dealing with any of the following life circumstances:

• Avoiding Bankruptcy: You can prevent financial ruin by selling your property to us, allowing you to pay off debts and start fresh.
• Inherited Property: Have you recently inherited a property you can’t maintain or don’t want? We’ll take it off your hands, saving you time and potential legal headaches.
• Divorces: Divorce is tough, but we can help simplify matters by purchasing your shared property quickly and fairly.
• Downsizing: When it’s time to move to a smaller home, we’ll buy your current property and make your transition smoother.
• Job Loss: Losing your job can be stressful, but selling your home to us can provide the financial cushion you need during this challenging time.
• Home Upgrades: Are you ready for a change? We’ll buy your current home so you can upgrade to the property of your dreams without the pre-sale home prep.
• Avoid Foreclosure: Don’t let foreclosure damage your credit score. Sell your home to us fast and for cash.
• Relocating for Work: Have you been offered a new job in a different city? We can quickly buy your Manchester property so you can focus on your career move.
• Legal Issues: When legal problems arise that require a quick property sale, we’re here to provide a straightforward selling solution.
• Tired Landlords: If you’re ready to exit the landlord business, we’ll gladly take your rental property off your hands.
• Medical Problems: Are you dealing with an illness? Selling your property to us can help cover costs and reduce your stress during this difficult time.

 

Read Our Reviews

We’ve helped numerous home sellers in Manchester and beyond with our quick and competitive cash offers.

Read about us to learn more about how we’ve given home sellers a way to access trapped equity.

You can also check out our reviews and get a glimpse of the positive home-selling experience that awaits you if you need to sell my house fast Manchester NH.