Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

66
Posts
30
Votes
Florian N.
  • Clarks Summit, PA
30
Votes |
66
Posts

Tax Sale - Property under forclosure

Florian N.
  • Clarks Summit, PA
Posted

I was wondering if someone could clear the following question.
What happens with the mortgage/lien if a property is sold at a tax sale(judicial PA) but said property is under the foreclosure process but not finalized yet, eg. bank started the foreclosure process but it's still on the roll.

I can't seem to find a straight answer for this one.

I understand that if the bank/lender doesn't pay the taxes the property is foreclosed on and the title will be free and clear but as the foreclosure process is already started what happens?

Thanks for any insight.

Most Popular Reply

User Stats

2,084
Posts
1,044
Votes
Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
1,044
Votes |
2,084
Posts
Ibrahim Hughes
  • Real Estate Consultant
  • Bloomfield, NJ
Replied

Florian - look up BP member David Krulac. He's a veteran investor from PA and has a lot of experience in judicial and tax foreclosures for your state.

Loading replies...