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Updated over 8 years ago,

User Stats

68
Posts
25
Votes
Roger Pokorny
  • Rental Property Investor
  • Muncie IN
25
Votes |
68
Posts

Online Auction and Lien Question

Roger Pokorny
  • Rental Property Investor
  • Muncie IN
Posted

I am looking at bidding on a house that is on an online auction. The bank did a title search which revealed several liens on the property totaling $146,000. The title search states that all liens have to be paid to get clear title. If the house sells for less than $146,000 will I have to pay off the liens to get clear title or will the bank have to make up the difference?

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