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Updated about 6 years ago on . Most recent reply

Cate Bell's profile image
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Cate Bell
  • from Arlington, VA
  • Member since Aug 9, 2018
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Cate Bell's profile image
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Cate Bell
  • from Arlington, VA
  • Member since Aug 9, 2018
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Cate Bell
  • Arlington, VA
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Foreclosures

Breaking down an auction property with encumberances

Cate Bell
  • Arlington, VA
Posted

Hello everyone, 

I am a new investor and I came across this auction property that has several encumbrances attached. Can someone break this down for me and explain how that purchase would work. I am looking to learn more about the auction process and how encumbrances impede the purchase process or how it can be used in favor of the buyer. 

Any feedback is greatly appreciated. 

https://www.treasury.gov/auctions/irs/pvks_real_93...

Thanks in advance, 

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