If NED is filed by 1st lienholder, does my tax lien give me a right to redeem?

[Kenny Layton]

I've been looking into investing in tax liens some and I am wondering if anybody knows what happens in this situation. I understand that each state handles tax liens differently, but here in Colorado investors bid a premium to purchase the tax lien and these liens cannot be redeemed until after 3 years.

Since the property owner hasn't paid taxes, I'm assuming they may not have paid other liens such as the mortgage...

So what happens if a senior lien holder (1st mortgage, etc.) decides to foreclose on the property. Does my tax lien give me redemption rights like any other junior lien holder (2nd mortgage, mechanics lien, etc.)?