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Updated over 6 years ago on . Most recent reply

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Steve A Spann
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6
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Sheriff Sales in Pennsylvania

Steve A Spann
Posted

I purchased a sheriff sale this week for 58,000 and the lender quit bidding at 34,000. I was bid up by another investor.  The sheriff dept. advised since this went above what the lender was owed , the legal dept at the courthouse will do a lien search. From my research there is nothing else owed to anyone except the original lender. So who receives the extra money above the 34,000? Is it the original owner, courthouse , myself (haha)....Im a little new to sheriff sales. 

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