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To: GovernmentShrinker

She better hope they have done it.


130 posted on 02/02/2010 9:02:52 AM PST by AppyPappy (If you aren't part of the solution, there is good money to be made prolonging the problem.)
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To: AppyPappy

It doesn’t really matter. She’s going to lose the house either way. I’ve never heard of a property tax-collecting jurisdiction doing anything beyond seizing the property. In a foreclosure, the mortgage-holder becomes the legal owner of the property and thus responsible for any unpaid taxes. As part of the transfer of legal ownership, the mortgage-holder will have to pay any back taxes. If they’re stupid enough to refuse to do this, then the ownership won’t be transferred, and the property would be seized directly from the current legal owner (i.e. this woman) by the tax-collecting jurisdiction and auctioned off to satisfy the tax lien.


133 posted on 02/02/2010 10:48:13 AM PST by GovernmentShrinker
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