Philadelphia foreclosure mortgage sale
I am looking into buying a specific property in Philadelphia. It is going for auction.
I ordered the title search, but it hasnt come back yet. I am very familiar with the property, and it is a reverse mortgage and the person is deceased.
The property taxes are behind, as per taxes arent escrowed in reverse mortgages.
I know in Delaware County, PA the taxes would be paid first then the remaining cash goes to the mortgage that is foreclosing.
Assuming everything else is good with title, will the taxes be paid from the proceeds from the sale? Or am I on the line for the property taxes after the bid.