All Forum Posts by: Evan Macbeth

thanks for not answering my question @Deanna McCormick

This is a hypothetical question I am trying to understand. If one inherits tenants from a previous owner, is there a limit to what is defined as a lease. Can the previous owner sign a 5 year lease with their tenants for $100 a month and this must be respected by the new owner? If not what are the limits here. I understand the "Tenant Protection ForeclosureAct of 2009" addresses this question but this only applies to foreclosures, correct? Where is this addressed in GA laws?

Thanks so much for this write-up @Dan Mahoneyand dicussion. Still no list for this month...not surprised. I have spoken with two attorneys that advised me there may be problems with these titles that will not necessarily be cleared after the redemption period. 

One type of lien would be any tax or lien that was created after the lien that is sold at the steps. This would mean if in 2017, you purchase a deed for a tax lien for 2013, you are also responsible for making sure the 2014-current taxes are paid. Otherwise this unpaid tax can still be bought as a lien and sold at the courthouse steps.

Another problem could be unpaid water bills. There may also be water bills which are not cleared, though this was not clear and may be open for legal challenge. The Atlanta water department is not going to clear that existing bill without a good fight. Has anyone had experience in this?

I am by no means an expert in this but does anyone have any additional knowledge or contrary opinions?

Thanks

Thanks, That does help.  I just do not understand why the opening bid is at the price of the 2009-2011 unpaid taxes. If all the taxes are due, then you would assume the opening minimum bid to be for the entire unpaid taxes.

I was wondering if anyone had any information on Tax Sales in Georgia. I understand the process but I am unsure of what existing liens would need to be paid off. I see Liens only for 2009-2011 being for auction but also unpaid taxes for during 2012-2016. Does this mean after foreclosing on owner, the lien purchaser will be responsible for these property taxes as well? Or will they be extinguished.

Thank you very much

I was wondering if anyone had any information on Tax Sales in Georgia. I understand the process but I am unsure of what existing liens would need to be paid off. I see Liens only for 2009-2011 being for auction but also unpaid taxes for during 2012-2016. Does this mean after foreclosing on owner, the lien purchaser will be responsible for these property taxes as well? Or will they be extinguished.

Thank you very much