Martit, Home Seller in Massachusetts

If a Town takes a house because back taxes are owed (say $15,000) and it goes to auction and sells for

Asked by Martit, Massachusetts Tue Apr 28, 2009

$50,000., does the Town get to keep all of the money or does it just take what was owed and give the rest to the previous homeowner?

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1
usually whatever is extra goes to satisfy any other obligations (mortgage, liens etc.) first then any remainder should go to the owner. You'd have to check with an attorney to make sure though.
0 votes Thank Flag Link Tue Apr 28, 2009
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