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Updated over 9 years ago on . Most recent reply
County auctions and 2nd mortgages
I am in Florida and I was wondering about the county auctions held here. If a property has a 2nd mortgage, are you responsible for paying if you win the property at auction? I know you are responsible for any liens. Can they auction a property with a second mortgage?
Also, if you are doing your own due diligence, does a second mortgage appear simply as another mortgage in the county records?
Thanks