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Updated over 18 years ago on .

Marcos Defex's profile image
Marcos Defex's profile image
Marcos Defex
  • Investor
  • from Littleton, Colorado
  • Member since Aug 3, 2008
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Marcos Defex's profile image
Marcos Defex's profile image
Marcos Defex
  • Investor
  • from Littleton, Colorado
  • Member since Aug 3, 2008
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Marcos Defex
  • Investor
  • Littleton, CO
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Land & New Construction

Finding out about 2nd loans

Marcos Defex
  • Investor
  • Littleton, CO
Posted

If an investor purchases a foreclosure at the county auction, what happens to any IRS tax, mechanic liens, 2nd mortgages, lines of credit etc. that are secondary the loan being foreclosed? Also, how does one find out if the loan being foreclosed on is a primary or seconday loan on the prop? Just stroll into the county recorder with the grantor's name and the address being foreclosed on? ty for your response :mrgreen:

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