If tax sale parcel is in bank foreclosure...

[K Confid]

Can't seem to find this thru search. In researching tax liens for upcoming tax sales - what happens if the property is in a bank foreclosure process that has already begun? property tax liens take precedence over all liens (federal after 120 day redemption) but if a bank foreclosure process has already begun is this a bigger pain than profit ?? How exactly does this work in this scenario. Should we ALWAYS keep clear of purchasing liens in this case? OR is this a great opportunity since other investors may automatically skip them without doing their homework?

Also, in researching parcel in recorder of deeds, see foreclosure trustee assigned, but then the parcel never deeds to the bank, does this mean that they side-stepped and resolved their foreclosure?

All comments and opinions are welcome!!