redeeming property after foreclosure in texas
HI All,
When properties are bought through tax foreclosure in Texas, these are redeemable in either 6 months or 2 years based owner occupant or non owner occupant. When the actual owner of the property redeems the property after foreclosure auction (by paying foreclosure amount + 25%). what happens to mortgage on the property and other liens like hoa , mechanical etc. are all those wiped off and if owner responsible to pay those after redeeming property ?