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Tax Liens Discussion Board  


Boardwalk :: Forum List Tax Liens General Discussion
Roses
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Posts: 1
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 Foreclosed Property - 2008/11/24 17:28 Hi, I am very new to tax liens. My question is this: If a property is on the market as a fannie mae foreclosure can I pay the unpaid taxes and purchase the property? Also, what's a good how-to book I can buy that gives the steps to purchase properties via tax liens. Thanks.
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Luanne
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 Re:Foreclosed Property - 2008/11/24 22:02 Hi Roses,

A Fannie Mae foreclosure and a tax lien/deed home are two completely different types of properties. A foreclosure is a home where the owner has defaulted on a mortgage and a tax lien/deed is a property where the owner has defaulted on their taxes.


So, to answer your question, no, you can not buy a foreclosure for the taxes owed.

Thanks,
Luanne
TaxLiens.com Admin
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Boardwalk :: Forum List Tax Liens General Discussion

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