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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: tax lien cetificates Posted by NJDave on December 20, 2001 at 1:08 PM In Reply to: tax lien cetificates posted by steve on December 19, 2001 at 5:10 PM In New Jersey, if you foreclose on an unredeemed tax lien certificate, your force the redemption via foreclosure. In all liklihod, the tax certificate lienholder will not acquire the property thru foreclosure. However, if you do foreclose a tax lien certificate and the homeowner neglects to respond to the foreclosure, and you are the only bidder at Sheriff's Sale, you can acquire the property free and clear UNLESS there are any Federal Tax Liens. I don't think that you are entitled to any interest on premium paid which is held by, and returned to you from the municipal or city Tax Collector at the time of redempton. Follow Ups: Re: tax lien cetificates are a PRIORITY LIEN (nt) NJDave 1:12 PM, 12/20/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : In New Jersey, if you foreclose on an unredeemed tax lien certificate, : your force the redemption via foreclosure. In all liklihod, the : tax certificate lienholder will not acquire the property thru foreclosure. : However, if you do foreclose a tax lien certificate and the homeowner : neglects to respond to the foreclosure, and you are the only bidder at Sheriff's : Sale, you can acquire the property free and clear UNLESS there are : any Federal Tax Liens. : I don't think that you are entitled to any interest on premium paid : which is held by, and returned to you from the municipal or city Tax : Collector at the time of redempton. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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