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Tax Liens & Mortgage Notes

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61
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Barbara Riley
  • Columbus, OH
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61
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Free & clear property going to tax lien sale.

Barbara Riley
  • Columbus, OH
Posted Jun 26 2014, 07:05

I see properties with high equity or even free and clear properties pending a tax lien sale. Why don't the home owners borrow against their equity or sell their house and pay the back taxes prior to the sheriff sale? All I can think of is that they can't qualify for a  loan, or the house needs so many repairs that they can't find a buyer. What am I missing?

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