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Updated over 5 years ago on . Most recent reply
Which liens survive foreclosure?
I'm looking to bid on some properties at the foreclosure auction (Florida). Someone told me if a junior lien holder is not named as a defendant in the foreclosure final judgment then their lien could survive the sale and I could potentially buy a property that still has a 2nd mortgage attached to it.
Does anyone know if this is true?
Thanks in advance!
Most Popular Reply
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Most auctions are overrated. You would do much better associating with power REO brokers and making low offers on properties with clean titles already that you can close quick.
- Joel Owens
- Podcast Guest on Show #47
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NNN Invest
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