Comments on: How can I Own a home after I purchase a Tax Lien on a property in CA? http://taxlieninvestingnews.com/questions-and-answers/how-can-i-own-a-home-after-i-purchase-a-tax-lien-on-a-property-in-ca/ Current news on Tax Lien Investing Sun, 20 May 2012 15:40:40 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Janet P http://taxlieninvestingnews.com/questions-and-answers/how-can-i-own-a-home-after-i-purchase-a-tax-lien-on-a-property-in-ca/comment-page-1/#comment-290 Janet P Sat, 20 Feb 2010 01:25:04 +0000 http://taxlieninvestingnews.com/questions-and-answers/how-can-i-own-a-home-after-i-purchase-a-tax-lien-on-a-property-in-ca/#comment-290 Owning a tax lien is just that. You own a lien, ie a debt, not any property. Tax liens do not wipe out any other liens and not never first, always second to a mortgage. You could loose your entire investment if the house forecloses, as the mortgages will be paid before you will. There could be many other liens in front of you as well. Whoever told you that tax liens are "free and clear" is conning you, it is a VERY common scam. I am surprised anyone falls for it, but people fall for the Nigerian one day after day too. Owning a tax lien is just that. You own a lien, ie a debt, not any property.

Tax liens do not wipe out any other liens and not never first, always second to a mortgage. You could loose your entire investment if the house forecloses, as the mortgages will be paid before you will. There could be many other liens in front of you as well.

Whoever told you that tax liens are "free and clear" is conning you, it is a VERY common scam. I am surprised anyone falls for it, but people fall for the Nigerian one day after day too.

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