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What happens to liens (mortgages, etc.) that are owed against the property?

April 26, 2017happens liens mortgages Property

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What happens to liens (mortgages, etc.) that are owed against the property?

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The process the County follows to foreclose on a property wipes out any liens that are against a property. There is one exception and that is a Federal Tax Lien (IRS). In the case of a Federal Tax Lien the IRS has up to 120 days after the auction to purchase the property from the successful purchaser for the amount purchased plus any closing fees if they so desire.