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Updated almost 14 years ago on . Most recent reply

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David St. germain
  • Real Estate Investor
  • Dallas, TX
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Buying bank notes in default or pre-foreclosure

David St. germain
  • Real Estate Investor
  • Dallas, TX
Posted

For those of you in this arena, what are lenders typically doing about back property taxes and interest owed by borrower? Are they looking for re-imbursement from a note buyer? If not, do these back due amounts attach to the note face value purchased as still being owed by borrower?

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