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    jdizzo's Avatar
    jdizzo Posts: 8, Reputation: 1
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    #1

    Oct 18, 2010, 05:35 PM
    Georgia Tax Deeds
    I recently purchased a tax deed from a Georgia tax auction. I understand that "interested parties" have a year to redeem the tax deed. After a year is up, and I take foreclosure proceeds on the property, does that give me clear title to the property? Or does the mortgage survive, and now I have to pay the mortgage?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    Oct 18, 2010, 06:16 PM

    Normally they will not have a "mortgage" since the lender will pay the taxes then foreclose

    And of course the lender is one of those "interested parties"

    Also is it a regular mortgage or some other type of lien, HOA or IRS

    My thought is they missed paying the tax in the rush of foreclosures and as soon as they receive their notification of sale, they will redeem it ( my guess)

    The sale should clear the actual mortgage.
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