Can Unpaid Property Taxes Cost You Your Home in SC? | Matt Abee
Can a South Carolina tax sale cost you your home? In this episode of the Exit Strategies Radio Show, attorney Matt Abee explains how unpaid property taxes can put your home at risk, what rights homeowners have, and what investors should know before buying tax liens.
Property taxes help fund local services. However, falling behind on payments can have serious consequences for homeowners. Matt explains how the tax sale process works, how the one-year redemption period protects homeowners, and what can happen when that period expires.
How Does a South Carolina Tax Sale Work?
You’ll learn what happens when property taxes go unpaid and how investors purchase tax liens. Additionally, Matt explains the importance of legal notices, homeowner redemption rights, and potential legal challenges that may affect a tax sale.
Whether you own a home or invest in real estate, understanding these rules can help you recognize potential risks and protect your interests.
Key Takeaways
01:05 — Can unpaid taxes cost you your home?
04:59 — How South Carolina property taxes work
06:38 — What happens when taxes go unpaid
07:14 — What investors actually buy at tax sales
08:21 — Understanding the one-year redemption period
09:22 — What happens when redemption expires
11:58 — When a tax sale may be challenged
15:00 — Due diligence before investing in tax liens
17:21 — Supreme Court cases affecting tax sales
23:08 — The risks of tax lien investing
25:25 — Why education helps protect your wealth
Meet Our Guest: Matt Abee
Matt Abee is an attorney and partner at Nelson Mullins, a law firm based in Columbia, South Carolina. His practice includes commercial litigation, consumer financial services, and tax lien litigation.
Matt shares insights into South Carolina’s tax sale process, helping homeowners understand their rights while explaining the legal and financial risks investors should consider.
Learn more about Nelson Mullins at nelsonmullins.com.
Legacy Building Takeaway
Your home may represent years of hard work and a legacy for future generations. Therefore, understanding property tax obligations, redemption deadlines, and homeowner rights is essential to protecting your property and preserving your wealth.
Education is the best protection.
Connect with Matt:
Connect with Corwyn:
- Contact Number: 843-619-3005
- Website: https://www.exitlowcountry.com/
- Linkedin: https://www.linkedin.com/in/cmelette/
Shoutout to our Sponsor: Mellifund Capital, LLC
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