Posted on: 16th Jan, 2012 10:33 am
What happens to the mortgage on property that you buy for taxes , do it go with the taxes or stay with th owner
Hi howaboutit!
Welcome to forums!
Your query is not very clear to me. In case you find that there is a tax lien on the property, you should ask the owner of pay it off before it is sold to you. If the owner does not pay off the tax lien, then you will be liable for paying it off later on.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Your query is not very clear to me. In case you find that there is a tax lien on the property, you should ask the owner of pay it off before it is sold to you. If the owner does not pay off the tax lien, then you will be liable for paying it off later on.
Feel free to ask if you've further queries.
Sussane
Hi howaboutit,
The person who is the owner of the property will be liable for paying off the tax lien. Thus, as Sussane has suggested, it will be better if the new buyer asks the old buyer to clear off the tax lien and then buy the property.
Thanks
The person who is the owner of the property will be liable for paying off the tax lien. Thus, as Sussane has suggested, it will be better if the new buyer asks the old buyer to clear off the tax lien and then buy the property.
Thanks