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Post# of 99167
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Mr Smith 34

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Mr Smith 34

Re: dukeb post# 95178

Thursday, 01/23/2025 10:05:59 AM

Thursday, January 23, 2025 10:05:59 AM

Post# of 99167
dukeb,
Since the bank has a perfected lien on the property and an assignment of the rents and revenues, do you know if a New Jersey tax lien would come before the bank's mortgage claim in a foreclosure?
It appears the property is upside down with the mortgage vs the property value. Would there be an incentive to buy the delinquent tax if you were behind the bank? Would it depend on your assessment on the financial stability of the delinquent company?
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