Judgments against foreclosures

[Brent Schaff]

My names Brent. I’m trying to get my first deal done.

I’ve been examining a property in my market for a while that was on pre-foreclosure for 2 months and due to local county law they couldnt accept a lesser offer than their minimum of 77.5k.

The home needs 120-130k worth of renovation and had 60k worth of judgments against it with previous liens.

Now the home is listed with a realtor and the county is willing to accept lesser offers, but I don’t know if the judgments and liens previously against the property are wiped clean now or not? It seems the listing realtor, our lawyer, my partners and I all have differing opinions and I don’t know who to believe.