Do tax foreclosures trump any other liens?
Hey guys - I've been checking out a number of foreclosures in my area and had a question regarding tax foreclosures....say the city is foreclosing on a property for backed taxes - say on this property there's also a mortgage - if you win the auction do you still owe the mortgage or are you free and clear of any other liens against the property? Can anyone foreclose on a property or does it have to be the 1st debtor? thanks for the help guys.