Reply
New Visitor
Posts: 1
Registered: ‎12-15-2012
0

Tax Sale Certificate Help!!!

please help! i went to my county clerk's website to retrieve a mortgage document from a previous loan and noticed the document below on my current loan and listed as a "mortgage document". what is this and should i be concerned? my name is the mortgagor and i'm not familiar with the mortgagee. i'm so worried! thank you for your help!

 

Moderator Emeritus
Posts: 32,869
Registered: ‎08-04-2007
0

Re: Tax Sale Certificate Help!!!

The mortgagee would be the lender. Are you saying you don't recognize the lender?

Valued Contributor
Posts: 1,063
Registered: ‎05-26-2010
0

Re: Tax Sale Certificate Help!!!

Is it possible there were unpaid real estate taxes on the property?

 

In some states, the taxing authority can sell a tax sale certificate (usually at auction).  The buyer acquires the right to, by following certain procedures, obtain title to your property.  In other states the jurisdiction simply conducts a "tax sale" of the property.

 

You may have limited rights to redeem the property from the buyer of the tx certificate.  You need to put a priority on looking into this, and may need a real estate attorney.

BK7 Filed 8/11/2009 Discharged 11/23/2009. Purchased new home 4/11/2012
Starting Score:11/16/2009 EQ 566 11/16/2009 TU 538
Interim Score: 12/27/2012 EQ 683 09/17/2012 EX (lender) 670 1/01/2013 TU 701
Current Score: 11/06/2013 EQ 708 11/06/2013 EX 702 11/16/2013 702 11/06/2013 TU 729
Goal Score: EQ 740 EX 740 TU 740
Take the FICO Fitness Challenge

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.