Foreclosures
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply
liens on foreclosures
I understand there alot of "shoulds" in the post but:.....It is my understanding that the only liens that survives first mortgage foreclosure are HOA, prop. taxes, utility bills, irs liens which has a redemption period as only recourse, and liens recorded before first mortgage, which unless bank and title company really messed up shouldn't exist. And prop taxes should not be late because bank should be aware and take action first or taxes are usually part of escrow. So that leaves hoa (wouldn't exist if not in neighborhood), utility, irs.( I do understand things can pop up after foreclosure after the foreclosure) So as long as you are bidding on first mortgage there shouldn't be any surprises.
Most Popular Reply

Where do I research for unpaid property taxes or property taxes in arrears?