Online Auction and Lien Question

[Roger Pokorny]

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?

[David Dachtera]

@Roger Pokorny,

The liens which are junior to the one foreclosing should drop off. Any senior liens will remain including tax liens.