Luanne
Admin
 Admin
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Re:Clarification - 2007/09/24 14:43
Hello Robin,
Thanks for your interest in TaxLiens.com. It looks like you are on the right track. The tax lien is a senior lien meaning it does have more weight than the mortgage. The mortgage company does have a redemption period where it can re-claim the property, but if this time lapses then the tax sale owner is then given full ownership. When this time has elapsed you are then allowed to do whatever you wish with the property.
Hope this helps.
Thanks,
Luanne Admin
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