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Updated almost 11 years ago on . Most recent reply

Account Closed
  • Rehabber
1
Votes |
38
Posts

Judgement liens on a foreclosure

Account Closed
  • Rehabber
Posted

I'm researching a foreclosure coming up for sheriff's auction next week and discovered there are several judgement liens on this property and a second mortgage. The primary mortgage holder is foreclosing. My question is do these liens stay with the property after the auction? They were all notified of the foreclosure according to the foreclosure records at the courthouse. There is also a second mortgage on the property. Does that one stay with it too? I want to make sure I know exactly what I'm getting with this house. Thanks for your help!!

Most Popular Reply

Account Closed
  • Investor
  • Atlanta, GA
107
Votes |
212
Posts
Account Closed
  • Investor
  • Atlanta, GA
Replied

Similar to Steve's point, if you have to ask this question, you should not be trying to buy on the courthouse steps. There are many rules, exceptions, and exceptions to the exceptions, all of which will depend on your state's law.

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