Sunday, February 26, 2012

What happens to a tax lien if the property goes ... - Finance information

Question by Wisen Smart : What happens to a tax lien if the property goes on foreclosure
Let?s say the owner can not pay the mortgage and house goes on foreclosure and there is a tax lien on the property. The property is worth less than what is owed, no equity. What happens to the tax lien?You mean the person that purchases the estate home is the one paying for the pending? Best answer:

Answer by Peon Professional
They pass it on to whoever buys the property.

know better? Leave your own answer in the comments!

Source: http://www.lovefinanceinfo.com/2012/02/what-happens-to-a-tax-lien-if-the-property-goes-on-foreclosure/?utm_source=rss&utm_medium=rss&utm_campaign=what-happens-to-a-tax-lien-if-the-property-goes-on-foreclosure

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