Legal Question in Real Estate Law in Pennsylvania

Real Estate issue/Tax sale without notification

I lost my home through a tax sale and was not notified and/or served.� The mortgage company knew how I could be reached and the sale still went through.� Is there anything I can do to have this reversed by showing proof that they had full knowledge as to knowing that they were fully aware as to how I could have been contacted.� I would like to regain my property and be given the opportunity to get my home back in order and to do a short sale in an effort to make good with my obligation to the mortgage company?


Asked on 9/21/08, 12:18 pm

1 Answer from Attorneys
Roger Traversa Arjont Group (Law Office of Roger Traversa)

Re: Real Estate issue/Tax sale without notification

You asked about a tax sale.

In most cases a tax sale is subject to the original owner making good on the tax debt to the purchaser (redemption). The purchaser also gets paid a particularly high rate of interest by the debtor.

You will likely have no claim against any other party as it would seem you failed to exercise diligence in preventing the property from being foreclosed by the tax authority. Further, short-sale is a privilege sometimes allowed by a lender. There is no duty of a lender to allow a short sale as the deficiency becomes an unsecured debt.

Regards,

Roger

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Answered on 9/21/08, 4:50 pm


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