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Updated about 8 years ago,

User Stats

13
Posts
3
Votes
Marty Davis
  • West Palm, FL
3
Votes |
13
Posts

Newbie needs advice, I saw something I dont understand

Marty Davis
  • West Palm, FL
Posted

I was at a sherrifs sale in november and saw a property with a sale price of 360k in 2005 (8 plex) which the bank was forclosing on. The upset price was 166k and no one bid. The bank got it for a dollar. This past Monday I was at a tax lien sale at the same court house and the same property has a lien totaling 64k. No one bid. If I had bought the tax lien would I have gotten the property free of the bank lien?  

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