Taxes due after a sheriff's sale
Greetings,
If you win a Sheriff's sale (brought by the 1st mortgage), if there are taxes or HOA's due, are you responsible as the winning bid and new owner to satisfy them?
Thanks in Advance
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
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Property taxes, absolutely yes.
HOA dues, I don’t know New York State laws.