How can the city take a person's house for property taxes-when the mortgage company still owns it---how is that possible?

Asked by House Hunter, Detroit, MI Wed Oct 17, 2012

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Suzanne MacD…, Agent, Succasunna, NJ
Wed Oct 17, 2012
Tax liens take priority over everything else, even mortgages. Has the home actually been seized by the city? Probably not, more than likely they will let the mortgage company know the the taxes are delinquent, that a tax sale is going to be held unless the situation is rectified, and then the mortgage company will pay the taxes and add it to the amount the homeowner owes.
2 votes
Terri Vellios, Agent, Campbell, CA
Wed Oct 17, 2012
Just as Susan stated, Tax Liens take priority. Usually the lender will bring it current first before the county takes the house.
Web Reference:  http://www.terrivellios.com
1 vote
Oh... I get it!
Flag Thu Oct 18, 2012
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