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Updated over 5 years ago, 06/05/2019
buying foreclosure
I'm ready to bid on a foreclosure but just found out that even tho only one mortgage company is listed as seller, the home owner actually has a few mechanic liens on property plus two second mortgages that he is not in default on. He is also behind in property taxes. Will I inherit the mechanic liens and other mortgages if I purchase this property at auction????
Thanks....as you can tell, I'm new to this.