Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago, 02/06/2021

User Stats

56
Posts
21
Votes
Guillermo Oyola
  • Rental Property Investor
  • Crestview, FL
21
Votes |
56
Posts

How can I tell if foreclosure is first position?

Guillermo Oyola
  • Rental Property Investor
  • Crestview, FL
Posted

Florida is one of the top states getting hit hard with foreclosures. I know you should only bid on first position mortgages that are being foreclosed. How can I tell if that's the case? 

Final Judgement says: 

"Plaintiff holds a lien for the total sum set forth in paragraph one superior to any claim or estate of Defendants, and all those claiming by, through, or under any of the Defendants, on the real property in....."

Does that mean its first position? All other loans or liens gets wiped with the sale? Superior to any claims ? 
Thanks 

Loading replies...