Foreclosure in Louisville>Question Details

mthompson, Other/Just Looking in Louisville, KY

If the foreclosed party enforces their right of redemption, what happens to the tax liens held against the property? Do they still stand?

Asked by mthompson, Louisville, KY Fri Feb 8, 2013

Help the community by answering this question:

Answers

4
Suzy Watkins’ answer
I want to answer your question since it was directed to me, but that is a legal question and I will direct you to four different real estate attorneys to get your answer. In alphebetical order American Title -
(502) 409-4094, Borders & Borders - (502) 894-9200, English Law Group - (502) 425-8717, Wetterer & Clare - (502) 45-3030. I have dealt with all of them and find them to be reputable & knowledgable.
0 votes Thank Flag Link Fri Feb 8, 2013
They absolutely do and have 1st position in most cases.
0 votes Thank Flag Link Fri Feb 8, 2013
they will have to be paid by new owner. Contact Harry Borders for more details 894.9200 he will be able to help you
0 votes Thank Flag Link Fri Feb 8, 2013
Tax liens survive foreclosure. In Kentucky, the sales price plus 10% and costs are due.
0 votes Thank Flag Link Fri Feb 8, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer