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Do you still owe real estate taxes after foreclosure?

April 26, 2017foreclosure Real Estate taxes

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Do you still owe real estate taxes after foreclosure?

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The property taxes are owed by the owner. When the property is sold at auction the debt stays with the property. If the winning bidder is the lender then the lender ends up with the obligation. Until the tax is paid a lien will remain on the property’s title.