i am attending my first tax achievement sale contained by florida ,if i win the bid can a h.o.a. or mortgage come after me for what the original owner didnt reimburse?
Answers: This is important information to hold BEFORE you bid at a tax foreclosure mart.
HOAs have be known to attach a lien on a property for what the previous owner didn't money. Dirty pool IMHO, but HOAs play by their own rules.
The mortgage company will have liens against the property that call for to be satisfied. If you cannot settle those liens, don't bid. It is possible that the mortgage company will send someone to bid on the property to protect their interest.
Again, you necessitate to investigate any liens before you bid or you could buy a big white elephant.
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Answers: This is important information to hold BEFORE you bid at a tax foreclosure mart.
HOAs have be known to attach a lien on a property for what the previous owner didn't money. Dirty pool IMHO, but HOAs play by their own rules.
The mortgage company will have liens against the property that call for to be satisfied. If you cannot settle those liens, don't bid. It is possible that the mortgage company will send someone to bid on the property to protect their interest.
Again, you necessitate to investigate any liens before you bid or you could buy a big white elephant.
Resolved Questions: