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Updated over 5 years ago on . Most recent reply

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Diane Rossi
  • Investor
  • Orlando, FL
0
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4
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New to Tax Deeds... Questions

Diane Rossi
  • Investor
  • Orlando, FL
Posted

Hello all....I'm relatively new to tax deed purchasing. I understand that mortgages and most liens are wiped out by the county foreclosure process but while performing due diligence a property coming up at a tax deed auction in FL, I noticed that the original mortgage appears to be owner financed by a non-profit organization. There's also a $92,000 judgement against the owner and her son's towing business for defaulted machinery and farm equipment. Should these be a concern?

Thank you !!!

Diane R

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