The tax assessor will take what is owed for the taxes, and any overages go to "interested parties"  usually a mortgage holder, then anyone who has a lien on the property, then the owner.The price that the property sells for at auction has little to do with how much taxes are owed, or how much is left on the mortgage.  

My goal in life is to put Wells Fargo out of business lol...Hancock Bank (Local-Regional) was very receptive and offered to refi at 5% on 15yr ammFirst Souther Bank (Local-Current loan holder) Agreed to just adjust the rate to 5% with a 20yr amm.

Airbnb has coverage some coverage but I don't feel it replaces having your own policy, which your mortgage holder will require as well. 

Once the lien is 2 years old the holder may force a sale and the only amounts due to the lienholder are their principal, interest, and costs.

However, per civil code here, trustee sale overages here go to 1) pay the foreclosing trustee fees, 2) to pay the lender on the foreclosing lien, 3) any JUNIOR lien holders.  

If a student, then they will have an F-1 visa or J-1 visa, you may have to decide how to handle the rent for summer vacations.Florida has some of the highest percentages of work visa holders in the country, on par with geologists and workers in the oil sector in Houston, researchers, academics, and hi-tech workers in California & Redmond, Washington (Microsoft).  

Method 1: Tenancy in Common (TIC)Under this method, tile to the property is taken in both the name of the IRA and in the name of the IRA holder. 

If you are a long term buy and holder something to consider is since 2000 the top 3 areas for the nation for appreciation are LA 138%, SF 116% and SD 115%.  

I had a few ghetto properties that I tried that with and to my disgust these voucher holder would come in and question me as to why the carpet isn't plush or are there no accent walls or why the stove isn't a flat top.

Hi, if taxes are not due yet, there is not an issue as the note holder does not pay the taxes, the borrower does.If the note is in default and someone is buying a non-performing note, simply disclose that taxes are due, again, as a note holder you are not liable for the taxes.Now, when and if you foreclose or take a deed in lieu of foreclosure, you'll inherit the tax bill when you take title.