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Updated about 1 year ago,
A Bank Foreclosed but stopped paying taxes, Will the mortgage lien remain after?
Hello Everyone! There's a tax deal I'm prospecting that happens to be attached to a big bank through foreclosure, the property is in it's final year before the tax deed can be requested. The holder of the current tax certificate is open to hearing my offer however, by due diligence, I'm curious if anyone's experienced a situation where, after the new unwarranted tax deed from the county is awarded, the previous mortgage lien resurfaces on the title? Again, It's the Bank potentially losing their own foreclosure via tax sale.
Thank you,
Michael