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Updated almost 6 years ago,

User Stats

51
Posts
3
Votes
Lucky B.
  • Investor
  • Clermont, FL
3
Votes |
51
Posts

Does a perfected tax lien survive a mortgage foreclosure sale ?

Lucky B.
  • Investor
  • Clermont, FL
Posted

There is a a property that i am interested in bidding on and two tax liens were file by the county tax collector, not the state.  The language in the tax lien states that it is a perfected lien against all real and personal property of the owner by the tax payer and tax collector has a claim without limitations to secure the payment of the debt due. 

The reason for the debt is because of the homeowner did not pay the tourist development tax. i suspect he used the home as a vacation home and never gave the county their tax.

The lien paperwork says the following tax in the amount to be determined by filing the required tax return or as determined by the tax collector ( this can be scary ).

Any advise on how to proceed ? if i win the property i will have about 80k equity/profit, but if the tax man starts a tax deed sale i will be screwed right ? is there a way i can negotiate directly with the tax collector and explain to them that i would be the new owner ? 

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