“What is the difference between a taxidermist and a tax collector? the taxidermist takes only your skin."
- Mark Twain
That's right people, today we're going to be talking about taxes (I know you'd much rather stab your leg with a fork, but listen closely, this might change your life).
Let's see how many types of taxes we can come up with real quick..... Sales tax, income tax, social security tax, payroll tax, breathing tax, walking tax, existing tax, occupying space on this earth tax.. Am I missing any? … Oh yeah, almost forgot about PROPERTY TAX. The one tax you thought you could maybe, sorta get away with... Really though? Did you think you could get past uncle Sam that easy... naïve much? 
Anyways, as a homeowner, there is one tiny little responsibility that is impossible to avoid, (I mean, other than your mortgage, HOA fees, pool cleaning service, landscaping, whatever else comes with a home... well ok that's more than one thing but bear with me here) and it is property taxes, yet another tax to add to the arsenal of never ending governmental blood sucking.. Alright, alright, so I'm a bit cynical, but hey, I pay taxes just like you.
Like I said, you HAVE TO pay your property taxes (only if you're a homeowner of course, renting doesn't count), whether you want to or not (non-debatable), uncle Sam's got an iron grip on this one. So what happens if by slight oversight (or you willingly outright don't feel like paying them) forget to pay them?......
Here's what can happen if you ignore them property taxes, (The FBI and the IRS will come storming into your house, take your car, your dog and your grandma, and then take you on a ride to Guantanamo where you will live out the rest of your days contemplating how INSANE you were for not paying those taxes).....
NOT REALLY.
For serious this time (I promise):
Your community will charge you ADDITIONAL COSTS.
Nothing good comes from additional costs, I.e, you gotta dish out more cash. Usually, most communities will start to levy penalties, interests or BOTH on the property tax that was due or delinquency date. So you didn't pay that tax huh, now what? Prepare to warm up that wallet of yours because you're gonna have to pay extra. You were crazy enough to think you didn't have to pay anything at all? Well not you gotta pay more! Also, the amount of penalty varies from community, state, etc... Go figure!
The INTERESTS DUE.
In some states, the interest accrues about 1% per month of unpaid taxes.... Just take a quick second to reflect on the months passing by and the amount due adding up, slowly, steadily, just draining your bank account... 
Your property may be FORECLOSED.
If your property taxes remain left unpaid for THAT LONG (amount of time varies in different states), then say bye bye to your house because your community and/or lender will not hesitate one second before taking it (harsh). In general, “if you hold a mortgage loan at the time you first fail to pay property taxes, the municipality will notify your lender, particularly if there is a tax lien levied against your home. Your lender can, and likely will, choose to pay off your overdue property taxes, and demand repayment for same immediately. If you fail to pay your lender back, the lender can foreclosure on your home and offer it for public auction. Depending on the amount of property taxes you owe, and the outstanding amount of your mortgage loan, you could be left with no income from the sale, or worse: You could end up owing your lender even after your home is auctioned.”
HERE'S THE GIST
I'm not here to give you a lecture on what to do so these things don't happen, the obvious answer is to pay your property taxes on time. Anywho, fun fact, some states give you a discount if you pay them early. Awesome! I'll take it, a deal is always good! You can either pay your taxes, or don't (and have your property sold from under you) so take your pick!
