Q: What would total be on property tax bill w/interest for 8 yrs. on 11hundred a yr not paid (1% mo 12% yr) Vernon Cty, WI
If I hadn't been able to pay my property taxes for 8 yrs (and assuming they haven't foreclosed), at $1,100 a yr, what would the total bill be at the end of 8 years, with interest at 1% a month and 12% a year, in Vernon County WI.?
A: It will depend on exactly how they calculate the interest, if it is compounded monthly or annually, this will make a difference in the total owed. I would contact the Treasurer's office in Vernon County and ask them for a copy of the tax statements on the back taxes owed. They should be able to get you an accurate figure through today's date. Best of luck to you.
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