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Updated over 6 years ago on . Most recent reply

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1
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1
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Carlos Benites
  • Chino Hills, CA
1
Votes |
1
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Buying properties behind on taxes

Carlos Benites
  • Chino Hills, CA
Posted

Hello everyone,

I plan to invest in properties that are delinquent in taxes. I hope to get properties before they go on tax deed sales. If I offer someone $1,000 for their property that owes $10,000 in taxes and has a mortgage, do I need to pay off the mortgage before getting the property in my name? Is the mortgage wipeout when I take ownership? Do I have to pay the mortgage after paying delinquent taxes and liens on property? Any help will be appreciated. P.S.  I live in California

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