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Updated 6 months ago,

Sara Wylder's profile image
Sara Wylder's profile image
Sara Wylder
  • Member since Jul 18, 2024
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Sara Wylder's profile image
Sara Wylder's profile image
Sara Wylder
  • Member since Jul 18, 2024
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Sara Wylder
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General Real Estate Investing

Foreclosure Auction Scenarios

Sara Wylder
Posted

Hi all —

Curious if there are any scenarios where you can loose money at a foreclosure auction.

Say you are the highest bidder and you win the auction - are there any ways that you can still loose the property after that? 

also, do you inherit the other liens associated with the property, ex. Mechanics lien? 

TIA


- Sara 

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