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Updated about 3 years ago on . Most recent reply

User Stats

13
Posts
1
Votes
Mikey Grabon
  • Contractor
  • Philadelphia, PA
1
Votes |
13
Posts

Judicial state foreclosures

Mikey Grabon
  • Contractor
  • Philadelphia, PA
Posted

buying houses in judicial states in auctions.

I would like to know how's the bid decided from the judgement and the reflection on the plaintiff owed amount? I know you want to know if you are buying 1st mort or 2nd ect. However I want to know if first mort has any charges that I need to know from the first mort? I may not be understanding the materials I'm reading or the videos I'm watching but it seems like the owed amount is the open amount in judicial states. And if I win in a 1st mort with no liens surviving the foreclosure I'm clear. Plus is it 12 months redemption period for PA?

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