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Updated over 10 years ago,
Looking for info about 2nd mortgage foreclosure sale in MA
I was at a foreclosure auction today and it was for the second mortgage. Can someone explain to me how that works in Massachusetts. The auctioneer said if I buy it today, I will have to pay the first mortgage off at closing. Is it really that simple and I own the house? I wanted to buy it, but I wasn't sure how the whole process worked.
Thanks