StateMortgageInfo.com - In Florida who is legally liable for an existing mortgage sold via tax deed foreclosure sale?

In Florida who is legally liable for an existing mortgage sold via tax deed foreclosure sale?

Mortgages aren't sold that way. If a mortgaged property is being sold for unpaid taxes, the mortgage holder usually will bid on the property to protect their interest. If they don't, they'll lose the security interest. The mortgagee still is liable for the debt, but without any security interest it may be impossible to collect. As a practical matter, the lender will simply pay the property taxes to prevent a tax sale and add the taxes to the outstanding balance of the loan.