???'s Regarding A NJ Property
City Tax lien of $4,500
Water/Sewer lien $1,600
Mortgage lien $34,000
2nd Mortgage lien $6,000
If an investor bought the Tax lien off of the city and foreclosed (right of redemption period) Can the buyer just sign over the house if they wanted to legally? and if so, Will the mortgages be null and void? There are no monthly payments on mortgages... they are just liens. I do know that the water & sewer lien has to be paid ultimately. Will the property be bought free and clear???null
[addsig]
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