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Updated almost 9 years ago,

Eric Maus's profile image
Eric Maus's profile image
Eric Maus
  • Real Estate Agent
  • from Milwaukee, Wisconsin
  • Member since Oct 23, 2015
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User Stats

15
Posts
1
Votes
Eric Maus's profile image
Eric Maus's profile image
Eric Maus
  • Real Estate Agent
  • from Milwaukee, Wisconsin
  • Member since Oct 23, 2015
Connect
Eric Maus
  • Real Estate Agent
  • Milwaukee, WI
1
Votes |
15
Posts
General Real Estate Investing

Foreclosure Auction Question- If I would have...

Eric Maus
  • Real Estate Agent
  • Milwaukee, WI
Posted

I went to a sheriff's sale the other week. I had done my title search and noticed total liens on the property were $111,000. I get to the Sheriff's sale expecting the property to be listed at that price, but the Sheriff announces the starting bid at $52,000. No one bid on it. 

If I would have bid on the property at $52,000, would I have been responsible for the other liens owned on the property? 

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