Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

17,720
Posts
15,273
Votes
Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
15,273
Votes |
17,720
Posts

Auction.com tutorial

Chris Seveney
Lender
Pro Member
  • Investor
  • Virginia
ModeratorPosted
I am looking for someone who purchases on auction.com to walk me through there bidding process as I am completely confused on if you are responsible for existing mortgage. For example I see an auction and did a title search and the bank has a note for $100k on the property. Am I responsible to pay off the bank or is that lien wiped out. I am willing to pay someone and not hold them liable if I am to stupid to understand it later on In the future. I have read both on this site and they say to do a title search which I do but then what is wiped out and what is not. Thanks
  • Chris Seveney
business profile image
7e investments
5.0 stars
12 Reviews

Loading replies...