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Tax Liens Discussion Board  


mortgage co. reposession - 2008/08/05 04:23 Hi,

I am new to it, but trying to find out as much as I can. What happens when the mortgage company reposseses the property within the redemtion period? Will the tax lien certificate be satisfied?

Thanks
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Re:mortgage co. reposession - 2008/08/05 13:35 Hi,

Yes, the mortgage company will satisfy the lien. Anybody with an interest in the property, or a bidder at auction will satisfy the lien.

Thanks!
Luanne
Admin
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