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	<title>Comments on: If I buy a home at a tax lien sale, do I inherit the mortgage or any other liens?</title>
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	<link>http://www.refinancing--home-mortgage-blog.com/mortgage/if-i-buy-a-home-at-a-tax-lien-sale-do-i-inherit-the-mortgage-or-any-other-liens</link>
	<description>Information on Refinancing a home mortgage</description>
	<pubDate>Mon, 21 May 2012 07:08:46 +0000</pubDate>
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		<title>By: jamuna s</title>
		<link>http://www.refinancing--home-mortgage-blog.com/mortgage/if-i-buy-a-home-at-a-tax-lien-sale-do-i-inherit-the-mortgage-or-any-other-liens/comment-page-1#comment-1369</link>
		<dc:creator>jamuna s</dc:creator>
		<pubDate>Thu, 04 Jun 2009 06:42:40 +0000</pubDate>
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		<description>&lt;a href=""&gt;Jessica&lt;/a&gt;


check this link its good

...


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		<content:encoded><![CDATA[<p><a href="">Jessica</a></p>
<p>check this link its good</p>
<p>&#8230;</p>
<p>.</p>
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		<title>By: Dave</title>
		<link>http://www.refinancing--home-mortgage-blog.com/mortgage/if-i-buy-a-home-at-a-tax-lien-sale-do-i-inherit-the-mortgage-or-any-other-liens/comment-page-1#comment-1368</link>
		<dc:creator>Dave</dc:creator>
		<pubDate>Mon, 01 Jun 2009 19:36:04 +0000</pubDate>
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		<description>&lt;a href=""&gt;Anna&lt;/a&gt;


Normally when a property is taken due to back taxes,  the tax department goes to whoever may have a financial interest in the property.    IE:  the mortgage company.   The mortgage company at that point can do one of two things.  It can pay the back taxes then sell the property to recover its money or it can walk away.   On things like a house or land,  it is very very rare that they walk away.  However,  with a mobile home, that only goes down in value,   they may as they may see it not worth their time or money to pay the tax lien then try to sell the trailer.  

First,  before the sale,  you need to find out if the tax department did approach the mortgage company for the back taxes.   Second,  if they did,   did the mortgage company walk away? If yes, to both, then pay the back taxes and have the trailer.   If the mortgage company did not walk away,  watch out as you are about to walk into the worst of two worlds. 

They may be waiting for someone to pay the taxes,  assume the mortgage and then they hit you for the bill.  The interest rate may be sky high or even worse,  they demand immediate payment.   Either way,  you took on the mess of someone else.</description>
		<content:encoded><![CDATA[<p><a href="">Anna</a></p>
<p>Normally when a property is taken due to back taxes,  the tax department goes to whoever may have a financial interest in the property.    IE:  the mortgage company.   The mortgage company at that point can do one of two things.  It can pay the back taxes then sell the property to recover its money or it can walk away.   On things like a house or land,  it is very very rare that they walk away.  However,  with a mobile home, that only goes down in value,   they may as they may see it not worth their time or money to pay the tax lien then try to sell the trailer.  </p>
<p>First,  before the sale,  you need to find out if the tax department did approach the mortgage company for the back taxes.   Second,  if they did,   did the mortgage company walk away? If yes, to both, then pay the back taxes and have the trailer.   If the mortgage company did not walk away,  watch out as you are about to walk into the worst of two worlds. </p>
<p>They may be waiting for someone to pay the taxes,  assume the mortgage and then they hit you for the bill.  The interest rate may be sky high or even worse,  they demand immediate payment.   Either way,  you took on the mess of someone else.</p>
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		<title>By: raichasays</title>
		<link>http://www.refinancing--home-mortgage-blog.com/mortgage/if-i-buy-a-home-at-a-tax-lien-sale-do-i-inherit-the-mortgage-or-any-other-liens/comment-page-1#comment-1367</link>
		<dc:creator>raichasays</dc:creator>
		<pubDate>Mon, 01 Jun 2009 06:12:47 +0000</pubDate>
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		<description>&lt;a href=""&gt;Marilyn&lt;/a&gt;


Generally, yes, you take title subject to all liens that are "superior" to the tax lien.  That is, those of record before the tax lien was recorded.

Consult a local real estate attorney for the specific laws that apply in your state.</description>
		<content:encoded><![CDATA[<p><a href="">Marilyn</a></p>
<p>Generally, yes, you take title subject to all liens that are &#8220;superior&#8221; to the tax lien.  That is, those of record before the tax lien was recorded.</p>
<p>Consult a local real estate attorney for the specific laws that apply in your state.</p>
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