Foreclosure auction

[Joe J.]

i am participating in a county foreclosure auction. one of the property being auctioned is a lien type foreclosure. My question is if i win this bid, will the mortgage get transferred to me, if there is one.

I would like to ask the same question, whether the mortgage will be transferred to the buyer if instead of being a lien foreclosure, it would be mortgage foreclosure.

your answers are much appreciated.

thanks

[Joshua D.]

Joe -
Please don't take this the wrong way, but you should not be participating at this auction if you don't already know the answers to the questions you're asking. I'm guessing that there are a lot of other questions that you probably have - or don't yet have - because you're probably not ready to buy at auction.

I STRONGLY urge you to stop, take some time to get more educated about buying at auction, and what you're going to do once that happens.

Do you have a business plan to map your path through this first deal that you're chasing?

I don't want to hear stories about how you got hurt financially because you weren't prepared for what you're about to do. I hope you'll slow down, start reading the site, and start asking questions before your in too deep.