When property taxes go unpaid in New York, the local government can place a tax lien on the property. In New York City, the city periodically sells these liens to private investors through annual lien sales — meaning a third party now controls the debt and can charge interest, fees, and eventually foreclose if the debt is not paid. Outside the city, counties typically pursue tax foreclosure directly through the courts after a redemption period.
A tax lien doesn't immediately take your property, but it makes nearly any future sale or refinance impossible until it is satisfied, and the balance grows quickly with penalties and interest. Homeowners usually have several paths: pay the lien off in full, negotiate a payment plan, or sell the property and use the proceeds to clear the debt. Each option has trade-offs and a deadline. Sam can help you understand where you actually stand and what makes sense for your situation.