Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 over 8 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Kerry W.
  • Wholesaler
  • Saint Paul, MN
0
Votes |
5
Posts

What is the payoff for a lien that went to sheriff sale in MN?

Kerry W.
  • Wholesaler
  • Saint Paul, MN
Posted

I am wondering what will happen to a condo in MN that is owned free and clear except for an association lien. The lien is for $6000 and went to sheriff sale and bid at $41,000. The owner wants to pay off the lien before the end of the redemption period and wants to know if she has to pay off $6000 (this bid was given to us days before the auction from the association's attorney) or the $41,000? I buy liens and notes but not sure from a homeowners perspective what their payoff would be? Any help is greatly appreciated.

Loading replies...