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Updated over 3 years ago,

User Stats

3
Posts
3
Votes
Ravi Vuruturu
  • New to Real Estate
3
Votes |
3
Posts

Property in Ohio Judicial foreclosure

Ravi Vuruturu
  • New to Real Estate
Posted

We are looking at a property in Sheriff sale auction on which there are two mortgages. The second mortgage bank is trying to foreclose. As part of the judicial foreclosure, they included the first mortgage bank and served notices about the case. But, the first bank never answered. Court gave judgement in favor of the second mortgage bank allowing them to foreclose. Can the first mortgage bank ever back and claim interest in the property?