trustee's sales.

[Blaine Shannon]

I am just starting with trustee's sales. I have been tracking a few, and going to the auctions, just to see how the whole process is. There are a couple of homes that are coming up for auction at a trustee's sale, that I could be interested in. I'm leary though. I've called a couple of title companies to see if I could pay for a title search, and they won't on a trustee's sale because it is too risky. So I've gone to the Hall of records to do a title search my self. I understand some of the docs. but not all. How to I protect myself when buying at an auction, so I don't get stuck with someone elses debt? Also I heard that is you buy the senior loan, it wipes out the junior loans. Is that true?