2cnd mortgage Auction issues

[Lindel Turner]

I’ll try to be brief I attended and won a auction for a SFRbefore I wired the funds I ask the lawyer in charge will this satisfy the first seat mortgage Wells Fargo. He answered no. I politely passed. Unsure of what I was getting into. Here were the numbers. Starting price 12,500 Winning bidder price 72,500 Remainder of first seat mortgage 38,000 Home value 90k What would if happens if I wired the money and why wouldn’t they have paid off the first mortgage? Was I just buying a someone’s bad note?