There are lots of ways. One such way is that the lender refuses to pay those property taxes if you've failed to make your own payments to the lender.
There are lots of ways. One such way is that the lender refuses to pay those property taxes if you've failed to make your own payments to the lender.
There are lots of ways. One such way is that the lender refuses to pay those property taxes if you've failed to make your own payments to the lender.
The lender refusing to pay the taxes because the homeowner has not made a mortgage payment translates to "not knowing that they have to pay local taxes" how?
Also, if memory serves me right, the buyer didn't set up an escrow account, so regardless of payment history, the lender is under no legal obligation to pay the taxes. And even with an escrow account the account holder is not legally obligated to pay your taxes if you have failed to pay the funds into the account.