AUCTION.COM Judgments and obtaining a clear title Suffolk County
WHAT HAPPENS TO THE JUDGMENTS? iF YOU ARE THE LUCKY BIDDER AND WIN THE AUCTION AND THERE ARE SEVERAL judgments ON THE PROPERTY WHAT HAPPENS NEXT?
One of the judgments is from the Suffolk county department of social services. It is for $200,000.00 this being the standard amount that they put on all of the liens. There are also judgments from the town for building code violations that were never paid. This is an occupied home that has been foreclosed and has a judgement on it but no amount was given. This is the 3rd time that it is being listed. Every time the reserve was not met. Any thoughts?
House is worth approx $150k, the bank ia\s owed $130k and the last auction was $in the neighborhood of $103k and was rejected. Thank you.