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Updated almost 6 years ago on . Most recent reply

Brad Warshaw's profile image
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Brad Warshaw
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Brad Warshaw's profile image
Brad Warshaw's profile image
Brad Warshaw
  • Member since Feb 13, 2019
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Brad Warshaw
2
Votes |
60
Posts
Foreclosures

What Liens Survive A First Mortgage Foreclosure At Auction?

Brad Warshaw
Posted

What liens survive a first mortgage foreclosure? Let’s say you buy the banks lien at the foreclosure auction and you win the bid and own the property. What liens get whipped out and what liens survive?

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Wayne Brooks
  • #1 Foreclosures Contributor
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Wayne Brooks's profile image
Wayne Brooks's profile image
Wayne Brooks
  • #1 Foreclosures Contributor
  • Real Estate Professional
  • from West Palm Beach, Florida
  • Member since Jul 27, 2012
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Property taxes, any hoa debts whether a lien is filed or not, city/county code violations, utility charges, irs has right to redeem for 120 days, which they never do.

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