foreclosure county courthouse auction

[Ivan Aceves]

Hello all, my father lives in South Carolina and is looking to purchase a home in a foreclosure county courthouse auction. I am wondering if you guys can give some advice as the what the most important thing for him to do is or if anyone can break down what the details below mean exactly.

The judgment debt wont have to be paid by him if he were to be the winning bid, correct?

Thank you. all advice would be appreciated.

The total judgment debt set forth in the Order is $8,965.91.
(THE ORIGINAL FILE CAN BE VIEWED IN THE CLERK OF COURT'S OFFICE)

The property will be sold subject to any past due or accruing property taxes, assessments, existing easements and restrictions of record and any other senior encumbrances.

This property will be sold subject to the following mortgage(s)/ senior encumbrances: N/A

The successful bidder must pay interim interest from the date of the Sale through date of compliance at the rate of 9.5%.

Each successful bidder other than plaintiff at time bid is accepted will be required to deposit with Master as evidence of good faith 5% of bid in cash or certified check at the time of bid. In event purchaser fails or refuses to comply with terms of sale within 20 days from close of bidding, deposit shall be forfeited and applied first to costs and then to Plaintiff's debt , and the Master shall forthwith re-advertise and resell said property upon the same terms on some subsequent sales day at the risk of former purchaser until obtaining full compliance with sale. N/A

Bidding will not remain open after the sale.

Terms of sale - cash; purchaser to pay for deed and stamps.

Attention is drawn to the Court Order on file with the Clerk of Court for Greenville County. The terms and conditions of the actual Court Order, to the extent of any inconsistencies, control over any terms or conditions contained in the Notice of Sale.

Charles B. Simmons, Jr.
Equity Court Judge