After a foreclosure is the buyer liable for any unpaid taxes or municipal bills, etc?
Question Details: We filed Chapter 13 and walked away from a property which was sold at a foreclosure auction. The letter from the foreclosure lawyer stated the following: "The sale will be subject to any outstanding municipal taxes, any senior encumbrances, and any other terms or conditions specified in the enclosed. The Premises will be sold subject to any and all unpaid taxes and other municipal assessments and liens therefor, and all other liens, easements, rights and encumbrances of any and every nature which are or may be entitled to precedence over the Mortgage". Does this mean that the buyer is liable for any unpaid taxes or municipal bills?