Foreclosure Auction - Putnam County NY

[Dan Liptak]

Hi BP,

I have bought REO's but never a foreclosure at the courthouse. A property I like is going to be auction off soon and I would like to go into this knowing what I am getting into.

Anybody done deals in this county?

Are all liens wiped out at the auction? 

Do I get the property free and clear?

How does title insurance work on these properties?

What due diligence is on your check list for the types of transactions?

Thanks
Dan