taz levey
After the government has seized a property for a tax auction, who is responsible for the remainder of the morgage loan?
Re: taz levey
Normally, a Federal Tax Lien is like any other judgment. Presuming the mortgage was recorded prior to the tax lien, the person buying the property would take the property subject to the mortgage. The Mortgage company could also sue any of the note signers.
Because this is such an extremely fact sensitive matter, you should immediately speak with a local tax attorney.
I hope this helps!
Ron Cappuccio
http://www.TaxEsq.com
