Comments on: Tax Lien Foreclosures: A New Way to Buy Repo Property http://www.eforeclosuremagazine.com/tax-lien-foreclosures/tax-lien-foreclosures-a-new-way-to-buy-repo-property Foreclosure News - Foreclosure Articles Updated Daily! Tue, 31 Mar 2009 21:56:08 +0000 hourly 1 By: geva http://www.eforeclosuremagazine.com/tax-lien-foreclosures/tax-lien-foreclosures-a-new-way-to-buy-repo-property/comment-page-1#comment-5043 geva Thu, 05 Feb 2009 16:30:06 +0000 http://www.eforeclosuremagazine.com/?p=167#comment-5043 yes, it seems that i have the same question, lets say the two yrs passed, what happens in the foreclosure, do i need to pay off the other liens to get buy the home?, i am sure that if the mortgage company has a mortgage on the property that he will pay the taxes, so he doesn't doesn't lose out. yes, it seems that i have the same question, lets say the two yrs passed, what happens in the foreclosure, do i need to pay off the other liens to get buy the home?, i am sure that if the mortgage company has a mortgage on the property that he will pay the taxes, so he doesn’t doesn’t lose out.

]]> By: L Peters http://www.eforeclosuremagazine.com/tax-lien-foreclosures/tax-lien-foreclosures-a-new-way-to-buy-repo-property/comment-page-1#comment-3694 L Peters Fri, 12 Dec 2008 19:38:56 +0000 http://www.eforeclosuremagazine.com/?p=167#comment-3694 If you "purchase" a home for delinquent taxes and it has an existing mortgage - what happens to the mortgage owed to the bank? It's hard to believe the bank or mortgage company would just forgive the balance owed? How does that work? If you “purchase” a home for delinquent taxes and it has an existing mortgage – what happens to the mortgage owed to the bank? It’s hard to believe the bank or mortgage company would just forgive the balance owed?

How does that work?

]]> By: James C. http://www.eforeclosuremagazine.com/tax-lien-foreclosures/tax-lien-foreclosures-a-new-way-to-buy-repo-property/comment-page-1#comment-2923 James C. Sat, 08 Nov 2008 05:41:38 +0000 http://www.eforeclosuremagazine.com/?p=167#comment-2923 The second part of the question was what happens to the mortgage owed the bank. The second part of the question was what happens to the mortgage owed the bank.

]]> By: james http://www.eforeclosuremagazine.com/tax-lien-foreclosures/tax-lien-foreclosures-a-new-way-to-buy-repo-property/comment-page-1#comment-1060 james Thu, 04 Sep 2008 20:14:09 +0000 http://www.eforeclosuremagazine.com/?p=167#comment-1060 You can purchase a tax lien but you can not own the house free and clear. What happens is that before it is sold the buyer has to pay for the lein plus the interest rate accumulated. There is a grace period depending on the state in which the debt has to be paid back to you by owner or if sold. Say if your state is a grace period of 2 years; if it is not paid you own the house free and clear. You can purchase a tax lien but you can not own the house free and clear. What happens is that before it is sold the buyer has to pay for the lein plus the interest rate accumulated. There is a grace period depending on the state in which the debt has to be paid back to you by owner or if sold. Say if your state is a grace period of 2 years; if it is not paid you own the house free and clear.

]]> By: Lori http://www.eforeclosuremagazine.com/tax-lien-foreclosures/tax-lien-foreclosures-a-new-way-to-buy-repo-property/comment-page-1#comment-255 Lori Sun, 20 Jul 2008 14:30:45 +0000 http://www.eforeclosuremagazine.com/?p=167#comment-255 Can I own a home free and clear on just a tax lean foreclosure? What happens to the mortgage owed to the bank? If I purchased a home through a tax lean foreclosure can the bank still foreclosed on the loan owned by the previous owner? Can I own a home free and clear on just a tax lean foreclosure? What happens to the mortgage owed to the bank? If I purchased a home through a tax lean foreclosure can the bank still foreclosed on the loan owned by the previous owner?

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