Legal Question in Credit and Debt Law in California
buying foreclosures by paying back taxes & liens
Can I purchase real estate property by paying delinquent mortgage payments,taxes,liens,etc. owed by the property owner in the state of Ca? This is after a notice of default, trustee sale has been given to owner.
2 Answers from Attorneys
Re: buying foreclosures by paying back taxes & liens
Please contact my office at 714 363 0220 to set up an appointment. I would like to review your written documentation including any letters, notices, and lawsuits. We handle cases throughout California. We can review your documentation by fax and speak with you by phone.
Re: buying foreclosures by paying back taxes & liens
You can purchase it that way, and the purchase would be from the owner (who would have to be willing). The default can be cured before the sale, but you'll want to get the correct payoff amount (or negotiate a new one) with the lender and cure the default before the sale. I'd recommend using an experienced real estate attorney to advise you, as you'll want to protect yourself/your money.