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Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
30
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178
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Tax lien lenders information

Chip Chronister
  • Investor / Rehabber
  • Fort smith, AR
Posted

First I am totally new to this so please dont kill me. I know in texas when a person gets behind on their taxes there is some lenders that will give a person a loan to pay their taxes now more than likely they will not have enough money to make payment to the lender and the lender will eventually get the property. Know how does the tax lien lender get around the first mortgage, I understand that the states tax lien has a higher power than the 1st mortgage. Has anyone done this on a house with a mortgage?

I have done it on a free and clear house.

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