Posted by Ronald * Starr(in No CA) on July 17, 2003 at 22:46:35:
You need to study the foreclosure laws in PA to know. Or talk to a knowledgeable real estate attorney.
I’m not an attorney. I do not know PA laws related to foreclosure. Here in CA the senior obligations are not effected by the foreclosure of a junior obligation. The ad valorem taxes are senior to all other liens, so they go with the property. But, we have a non-judicial foreclosure. It is possible that the judicial foreclosure is different and I believe that PA is judicial foreclosure.
Good InvestingRon Starr**