Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

If the prior owner didn’t pay the taxes on a foreclosed property, does the successful bidder have to pay them?

0
Posted

If the prior owner didn’t pay the taxes on a foreclosed property, does the successful bidder have to pay them?

0

A. No. If the taxes weren’t paid, the county could sell the property out from under the bank’s mortgage lien. Banks pay the amounts due to municipalities and sell the property with all tax payments current.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123