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Updated almost 8 years ago on . Most recent reply

User Stats

415
Posts
84
Votes
Aaron Junck
  • Real Estate Investor
  • Sioux Falls, SD
84
Votes |
415
Posts

2nd position foreclure goes to auction tomorrow

Aaron Junck
  • Real Estate Investor
  • Sioux Falls, SD
Posted

Talking with a lady who has her house going to auction tomorrow. She has 13k being foreclosed , however it is a 2nd mortgage. The 1st mortgage is behind but not in foreclosure. 

My question what happens tomorrow if someone pays the 13k ? Doesn't the 1st mortgage still need to be paid off in order to get clear title? 

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