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Updated over 1 year ago on . Most recent reply

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Ashley Morales
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Sheriff's sale bid4assets

Ashley Morales
Posted

New investor here, looking for any information about sheriff sales on real estate. I'm in the researching stage of how the process works, I would love to find out how to find information on specific properties listed in bid4asses. I want to do my due diligence to make sure the properties are worth bidding on. I've heard after you take care of the unpaid back taxes there could still be liens or other things on the property, but i am unsure where to look this information up at. Any sites or pointers or information would be much appreciated.

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Randy Rodenhouse
  • Investor
  • Charleston, SC
412
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Randy Rodenhouse
  • Investor
  • Charleston, SC
Replied

If you are buying residential real estate at sheriff sale auction then need to run a title search before you buy it.  You need to know what liens are on the property.  Without this information many bad things could happen like bidding on a second mortgage thinking it is the first mortgage. Usually a title company or RE attorney can help with title search. 

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