Mortgage not paid for 7 years & Bank has not Foreclosed

[Zion Griffin]

Aunt  didn’t know she still owned this property in the countryside of Georgia, USA, she’s been I’ll for the past 7 years. She has not paid the mortgage in 7 years and there are tax lien on the property. I do know normally after a the tax lien it would be sold on the court house steps but for some reason it’s not going to the tax sale. The bank on the county records has no info on the loan, but this other mortgage service supposedly want her to pay them, but there is no record of them being the new mortgage. Is there a statute of limitations? They have had 7 years to foreclose and they haven’t. What should I do so that I can get the house ? Also the amount for the mortgage is definitely more than what the house is worth.

[John Underwood]

Do a title search and see what active mortgages are still attached to the property. The mortgage could be written off. You can often negotiate a payoff for a fraction of what is owed if needed.

Call the County Tax office and find out what is going on. There is a reason it hasn't already been sold off for back taxes.

Is the house vacant?