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Updated about 9 years ago on . Most recent reply

User Stats

5
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0
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Jon Patzlsberger
  • Investor
  • Randolph, WI
0
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5
Posts

Sheriffs sale

Jon Patzlsberger
  • Investor
  • Randolph, WI
Posted

I'm interested in buying a sheriff sale property. There are 2 liens on the property the 1st filed by the mortgage holder and the 2nd filed by the township the house is in. The 2nd one is for $16,000 from a block grant for home improvements. I know tax liens are always paid out but I'm wondering how block grants work?  Would I be on the hook for the 16K above the purchase price? I've called to attorneys in that area and neither has called back. Thanks for any info

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