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Updated over 9 years ago on .

User Stats

3
Posts
0
Votes
Trecia S.
  • Homeowner
  • Saint Petersburg, FL
0
Votes |
3
Posts

Line of equity mortgage

Trecia S.
  • Homeowner
  • Saint Petersburg, FL
Posted

I am looking into buying a property via tax deed sale. The owner is recently deceased. The initial mortgage on the house has been satisfied but there is an home equity line of credit mortgage for $50,000 that is not satisfied. Due to the owner being deceased, does this mortgage get wiped out when sold via tax deed sale? I live in Florida.