Tax Liens Sales

What happens to a tax lien if the property goes on foreclosure?

Lets say the owner cannot pay the mortgage and house goes on foreclosure and there is a tax lien on the property. The property is worth less than what is owed, no equity. What happens to the tax lien? You mean the person that purchases the home is the one paying for the pending lien?

Public Comments

1. They pass it on to whoever buys the property.
2. the law is specific about what are called PRIORITIES in payoffs- when buying a foreclosure-- a; IRS liens b; tax liens c; mortgage liens in that order