How do I start installment plan of redemption?

To start an installment plan, you must: 

  1. Make an initial payment of at least 20% of the redemption amount; and 
  2. Pay your current year's taxes. 

If you start an installment plan between July 1 and the following April 10, the current year's taxes and any supplemental taxes must be paid by April 10 or the payment plan will default. To start an installment plan between April 11 and June 30, all outstanding current year's taxes (plus any penalties and charges) must first be paid in full.

Show All Answers

1. What will happen if I do not pay my annual Secured taxes on time?
2. What is the amount required to redeem tax-defaulted property?
3. What happens if I fail to pay my Redemption taxes?
4. Can I redeem one defaulted year separately from other years?
5. What happens if I cannot pay the full redemption amount?
6. Who may apply for the Installment Plan of Redemption?
7. How do I start installment plan of redemption?
8. Is there a fee to apply for the installment plan?
9. When may I start a payment plan?
10. How often will I be required to make payments on the installment plan?
11. Does interest continue to accrue while participating in the installment plan?
12. If my installment plan defaults, may I start another one?
13. Do my installment payments cover my current annual taxes?
14. If I'm in foreclosure, who is responsible for the tax bill?