Re: Mortgage Carrying Over With Tax Deed Acquisition

Hi, I was wondering if anyone could help me understand what is carried over with the acquisition of a tax deed.

I've been doing a lot of research with regards to tax deeds and I know in Canada that only crown liens will carry over, not mortgages.

I did a LOT (about six months) of research on purchasing on Alabama and discovered that the policy there is that mortgages carry over.

Would anyone have a list or know of tax deed states that don't carry over mortgages?

Regards,


Christian

Florida does not carry over although during the Quiet title mortgage companies will sometimes try to get the property back.

Thanks for the info on that. Would you know of any websites that have information such as states where things like mortgages carry over and redemption periods etc?

I'm in the process of creating a tax sales website that includes all this information since I'm yet to find an all-encompassing website with this type on information on it.

Regards,


Christian

This one had some good generic info
http://www.mindlikewater.com/business_directory/tax_lien_sales_directory/tax_lien_sales_index.html

but for specifics you will need to consult the state statutes about the tax deed

[ Edited by linlin on Date 07/12/2007 ]