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Hi. I just did a search for this topic after reading about these tax lien certificates in a book. Like the original poster on this topic, I'm wondering if this is for real. The book said that if the government is ultimately unable to collect the taxes, the investor (who bought the cert) can foreclose on the property. Now, it seems to me other people would have claims on the property as well. Wouldn't the mortgage lender get first crack if the owner were delinquent on mortgage payments as well?
I'm hoping to find someone who has experience with these things and can help me get some practical and reliable information. Thanks.
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