Title Issues on Auction Properties

[Paul S.]

Hi Fellow Investors,

We are interested in buying properties from Auction in SC. I'm curious to know if anyone is the investing community is currently buying auction properties and how you deal with unclean title concerns. Do you do a title search through a title company/attorney for all properties you are interested in bidding on? Do you perform your own title search via a register of deeds site? 

Part 2 of this question is from what I understand, junior liens are expunged when the first lien position holder is foreclosing. I believe the exception to this is a property tax lien. Does anyone have experience with other liens (say other than a first mortgage) coming up to collect after you've purchased the property? Ultimately, I just want to understand the pitfalls of auction properties with title and how to either avoid those pitfalls or deal with them if they arise. Any insight would be helpful. 

--Alaina

[Jay Hinrichs]

@Account Closed  not being an expert in all states. in Oregon properly filed mechanics liens will come in front of mortgages.. ( one of the reasons Oregon is a great place to be a subcontractor)

but if the mortgage forecloses before the lien does your wiped out. and I think that is correct in most if not all states