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re: If a piece of property is going to the sheriffs sale

Posted on 1/13/21 at 7:16 am to
Posted by go ta hell ole miss
Member since Jan 2007
13664 posts
Posted on 1/13/21 at 7:16 am to
quote:

if it’s a tax sale all you have to do is pay the taxes and fees. the sheriff doesn’t want the house he wants the tax


It’s unlikely this is a tax sale. It sounds like the borrower didn’t pay the note. The bank wants to get paid or will bid the amount it is owed.
Posted by tigerinthebueche
Member since Oct 2010
36791 posts
Posted on 1/13/21 at 8:13 am to
The property in question is in foreclosure. Read about it in the local paper (public notices). So I’m not sure if I contact the bank or try to cut a deal with the owner. Or if I should just ignore the owner and try to deal only with the bank?
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