Buying at Auctions

[Bryce Davis]

I have a quick question.

I went to an auction that had the following data.

Judgment/Foreclosure	Judgment
Dwy, Stephanie	Judgment/Foreclosure	Judgment
Dwy, James	Judgment/Foreclosure	Judgment
Brown Burrough Inc	Judgment/Foreclosure	Judgment
Brown Burrough Inc	Record of Hearing	Filing

Judgment Amount: $11,345.63

Bid Amount: $10,000.00

As you can see the bid amount was 10,000

Does this mean that the total of all of the judgements above was only 11,345?

Or would I need to go an research what liens are on the property. The lien would be the winning bid plus the liens stated above?

Feel free to reach out via PM.

[Joel Owens]

Thee small amounts tend to always be secondary liens looking for a sucker.

Don't count on the auction company disclosing what is being sold. They put that on the buyer to do research and know the risks.

Have you even driven by to look at this property?? I have seen auction companies sell drainage ditches before that are worthless. Their job is to sell anything given to them from a client and not educate the public at large on buying properly.