Specifically, a number of junior liens will also be extinguished by the judicial nature of this sale; the judicial order will specify that the liens junior to the tax lien position will be extinguished, where the county has the power to do so (so an IRS lien will still retain redemption rights since the county can't usurp Federal gov't rights, but a mortgage lien will be released).Next, let's talk "eviction".

As the junior lien holder that makes me HIGHLY motivated to (1) build a quality product (2) provide a reasonable cashflow forecast (3) maintain property values in the subdivisions I am building in (4) provide long term mentorship to our investor buyers to improve the likelihood of their investing success (5) assemble a powerful buying group of investors who can negotiate stronger pricing from property management and the maintenance vendors because there is economy of scales like you would get in managing an apartment building but these are separately owned houses in close proximity.

In my state, CA, it is still possible to buy a property prior to sale and that's my preference.Start with a list, scrub properties that obviously don't fit your criteria and end up with a first pass list to research.Take an individual property and determine if there are any junior liens that affect equity.In my state, these are recorded as voluntary encumbrances at the county recorders office.  

Hey - Junior.  

I am currently going to college and will be a junior next year. 

Hello Everyone,I am currently a 20 year old junior pre-med student in college.

Bought a junior lien and redeemed out of foreclosure.

-Home owner has to make mortgage payment while under HAFA(Meaning if the home owner is unemployed how are they supposed to make the monthly mortgage payments)-If there is a second mortgage to the property then home owner has to negotiate the short sale down to $3k for the junior lien holder.

It is my understandign that you have the right to foreclosure after one year redepmtion period and would be firs tin line in the foreclosure process to be paid from the proceeds of the sale.Further, what if there was a delinquent tax certificate pruchased the yea rbefore the one you have acquired where the owner has not exercised their right to foreclose, are you in a junior lien position to that lien holder?

I've also see foreclosures sales that are subject to the first mortgage (at the bank's request) if a junior lien holder is foreclosing like a condo/hoa association.