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Foreclosures
HomeForumsForeclosuresForeclosure Auction - House with large liens / judgements
Albert Ng's profile image
Albert Ng's profile image
Albert Ng
  • Rental Property Investor
  • from San Jose, CA
  • Member since Aug 31, 2015
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Albert Ng's profile image
Albert Ng's profile image
Albert Ng
  • Rental Property Investor
  • from San Jose, CA
  • Member since Aug 31, 2015
Connect
Albert Ng
  • Rental Property Investor
  • San Jose, CA
221
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401
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Foreclosures

Foreclosure Auction - House with large liens / judgements

Albert Ng
  • Rental Property Investor
  • San Jose, CA
Posted Nov 20 2015, 13:00

I'm checking out a house that is going to foreclosure auction sale soon. It has over $210K lien / judgement & over $500K mortgage. The estimate value of that house is around $650K. I know the house owner. Is there any advantage? And is it possible to do a short sale or anything like that, or should I just wait & buy it at auction?

Thank you,

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