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Updated over 8 years ago on . Most recent reply

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706
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Joshua D.
  • Rental Property Investor
  • Pittsburgh, PA
171
Votes |
706
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Free and clear sale

Joshua D.
  • Rental Property Investor
  • Pittsburgh, PA
Posted
There is a free and clear sale coming up around my area and I had a few questions about it. First if the house has a unsatisfied mortgage with property could it be passed to you? Or any other leins? I had a attorney with me that helped me out he's also a business attorney but was saying there is a lot more to worry about them people think. Any info about this sell would be very helpful and appreciated.
  • Joshua D.
  • Most Popular Reply

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    Steve Babiak
    • Real Estate Investor
    • Audubon, PA
    8,349
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    13,450
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    Steve Babiak
    • Real Estate Investor
    • Audubon, PA
    Replied
    Originally posted by @Joshua D.:

    It's a free and clear sale auction at courthouse if that's what you mean?

    There are two varieties of "free and clear sales" in PA - the ones held by the county TCB, and the ones that are held at sheriff sale, and both of those are auctions held at the courthouse (usually).  Different rules come into play in those so that is why I asked if the TCB was conducting the sale. 

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