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Updated almost 12 years ago,
Tax lien properties w/ Mortgages
I'm not sure if this question was answered but here it goes. If I go to a tax sale and bid on a tax lien property with a "mortgage" and win the auction, do I have to pay the monthly payment and/or be responsible for the remaining balance that is owed on the mortgage? I know that I would be responsible for any other liens on the property but I wasn't sure about mortgages.
Any help would be greatly appreciated. Thanks!