All Forum Posts by: Karl Yousef

Hey all. Has anyone worked with Hugh Jones and his Apartment Aquisition system? 

Website: https://hughprint.com/

Linked-in profile: https://www.linkedin.com/in/la...

Facebook: https://www.facebook.com/hughj...

Would love any feedback if so. Thanks! 

@Wayne Brooks. Thanks for your response. Helped clarify a lot! Best wishes to you for the coming year! 

 Thanks Wayne. I appreciate you writing back. Now theoretically, If I own that property after the auction, am I able to pay the remaining balances on the 1st and 2nd mortgages and be the homeowner? Or will the primary borrower continue to have priority on making those payments? 

Hi all, 

Happy New year. 

My question is regarding auctions. I'm looking at an Auction sale for a condominium in Miami. The "final judgement" price is $43,000, which is levied by the Condo Association for unpaid Special Assessment fee's. The Condo owner also has a First and Second mortgage, which have issued Lis Pendens, but have not put the home up for auction. If I purchase the $43,000 lien, I am only purchasing a third position lien which does not give me rights to the title of the home, is that correct? How do I know if the lien I purchase gives me rights to a home at auction? Thank you all for any help. 

Best,

Karl