Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

43
Posts
28
Votes
Evan Bonnell
  • Investor
  • La Salle, IL
28
Votes |
43
Posts

Foreclosure auction property - Bid or walk???

Evan Bonnell
  • Investor
  • La Salle, IL
Posted

Hello,

I'm interested in purchasing a property at a courthouse auction. I'm very familiar with the town and neighborhood the property is in, and have determined that it could probably sell for $130-140K in as is condition. I've set my max bid at $80K.

I'd like to verify that the property is clear of any liens (other than the first mortgage). I ordered a written title search and this is what I received. Can someone please tell me if there is anything I need to be concerned with in terms of liens or encumbrances on the property? Thanks!