foreclosure auction at courthouse question

[Adam Drummond]

I am planning on going to my first courthouse foreclosure auction next week.  does a bank that is foreclosing on a property always bid on that specific property at these auctions.  I found a list from the attorney acting as the seller for a couple of the properties.  the list had exact bid amounts listed for certain properties, and for other properties they had $0.  Does this mean that they will not bid on that property.  hopefully I worded this question correctly. thanks in advance for you help.

Adam 

[Morry Eghbal]

If you buy at the trustee sale, that sale is not contingent on them giving you clear title is it solely your responsibility. Please do not bid if you can not make sure the title is clear.

there is for example the order of the priority of the liens.

property tax>Association liens if any>City liens>Mortgage lien 1st>Mortgage line 2nd>IRS liens

that means when you buy the property on the foreclosure of the first you are responsible for the property taxes, City liens and association liens.

You really have to educate yourself before you bid....so ask more questions.