This might be a stupid question but what happens if I have purchased a property from tax deed sale with a lien that I cannot afford? Let’s say I didn’t do tutle research before purchase.
I know that when one buys a property with a lien, the lien from previous owner is now my responsibility. But what if I cannot pay? Will I lose all the money that I put out to purchase that property? Worse case scenario, Will I able to walk away from it?