I saw this guy on the infomercial circuit selling his pipe dream of buying crappy houses for tax - he alleges that even as these houses could have a mortgage the tax authorities (county, city etc) can just take over and sell. I imagine that this is false cause 'mortgage companies and banks are stupid but they cannot be this stupid? Can they?
Anyone knows the nitty-gritty truth behind tax sales?
Do a Google on the guy's name. I think you'll find the answer there