Second mortgage & other liens after Auction on Courthouse in TX
Good morning, Bigger Pockets!!!
What will happen to second mortgage and HOA, ANY OTHER liens after Auction of the property in Courthouse steps in State of Texas?
In REO property transactions, all the previous liens will be wiped away and the property will have clear title.
But in the situation of Auction on Court house steps, is winning bidder still responsible for paying second mortgage, HOA liens, pending property taxes etc?
I am interested to start educating myself and eventually start buying properties in Courthouse auctions in Harris County, Texas. Please point me in to any books that can cover this topic. Thank you!!!