Sheriff's Sale - Philadelphia

[Emmett O.]

Has anyone ever bought from a sheriff's sale in Philadelphia? Is it true it comes with a free and clear title when you purchase from one of these? I tried looking around online but it seems a little different everywhere you go. Would love to get some insight on the process in Philadelphia. Thanks!

[Michael Campbell]

Hi @Emmett O., I have never bought from a sheriff sale but there is a very informative video put together by the Sheriff's Office on the topic.  I think they also host a live session periodically where you should be able to get all your questions answered.  Unfortunately the website (www.officeofphiladelphiasheriff.com) seems to be down right now.

[Alicia H.]

I would suggest you work with someone who has experience purchasing from the sheriff sales. You will certainly make costly mistakes if you don't know what to look for.

[PJ M.]

I'm not sure of the free and clear as far as any other other lien holders go as far as another mortgage.  I can tell you that if taxes are owed on the property, or there are outstanding HAO dues, they are on top of the winning bid.  

So if it is a mortgage foreclosure and you win with a bid of $25k, but there are $10k in taxes owed, you will need to pay $35k to the sheriff for them to provide the title.  

Also, in PA, if there are outstanding Condo/HOA dues, you will owe 6 months of them for the HOA to clear the books. They may try to get more, but PA law is that with a foreclosure the new owner only owes the previous 6 months. The HOA can get you for a capital contribution or any other "new owner" fees they charge that comes with a normal sale/title transfer. This will not be handled by the Sheriff. You will be provided title and find out about it when the HOA learns of the sale. HOA dues are automatic liens in PA.