Fire to Tax Sale Property
When someone purchases a tax sale property, it is buyer beware. We have had an inquiry from an insurance company on behalf of the purchaser asking who has the ownership stake in the property. The title is still in the original owners name , but the tax sale purchaser has an interest in the property. The question was "if the house burns down during the redemption period and the property is not redeemed, how can the tax sale purchaser be insured for the house?"