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    goodyblue's Avatar
    goodyblue Posts: 1, Reputation: 1
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    #1

    May 31, 2012, 09:16 PM
    Mortgage info on a tax deed sale in Florida at tax sales auction
    From what I have read here, I understand that if I buy a tax deed in Florida and the owner never pays up, I will own the property free and clear? What about the mortgage the owner owed on the property? Will the mortgage holder not pay the taxes and get the property themselves? I don't understand how a mortgage can just "disappear" on a tax deed sale. Please explain.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Jun 1, 2012, 03:55 AM
    Normally the mortgage lender will pay the taxes to protect their interest in the property. Do you have a specific property in mind or are just asking a general question?
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