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Updated almost 11 years ago on . Most recent reply

Stephen D.'s profile image
Stephen D.'s profile image
Stephen D.
  • Investor
  • from Lake Zurich, Illinois
  • Member since Nov 21, 2012
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53
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12
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Stephen D.'s profile image
Stephen D.'s profile image
Stephen D.
  • Investor
  • from Lake Zurich, Illinois
  • Member since Nov 21, 2012
Connect
Stephen D.
  • Investor
  • Lake Zurich, IL
12
Votes |
53
Posts
Foreclosures

Discrepancy between judgement amount and auction start amount

Stephen D.
  • Investor
  • Lake Zurich, IL
Posted

I went to my local Sheriff's auction to bid on a property.  Before the auction I went to the court house to look at the foreclosure documents and noticed that the judgement amount for the property was $112K but the Sheriff's auction started at $46K.  Also checked for other liens on the property and there weren't any.  Is this normal?  

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