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Updated 12 months ago,

User Stats

21
Posts
12
Votes
Avery Biles
  • Investor
12
Votes |
21
Posts

is there anything that follows a new owner on foreclosures.

Avery Biles
  • Investor
Posted

I'm interested in foreclosers and there are a few questions I have that I haven't found the answer to. I have done some research on a property and it has a security deed on the property and 3 warranty deeds. The security deed from the research I've done is where the owner of the home has pulled equity out with a lender. (please correct me if I'm wrong) Will any money owed on the house follow the buyer who bought it at the auction? Also, how can I make sure it's a clean buy as in there are no other outstanding loans, HOA fees, liens, ECT on the house?

Thank you.