A: It is very likely that you could lose your home. If you do not pay your property tax bill when due, you risk the very real possibility that your property could be sold at a tax sale. Each county has its own rules. If your property does go up for auction at a tax sale, and it is bought, you have a specific length of time to “redeem” your property. You must pay a redemption amount, which includes the back property tax bill, interest, and penalties. The property tax sale and redemption process are very technical and you should consult an attorney if you find yourself in this scenario.