Auction for small liens?
Hi guys,
I am seeing 400K houses scheduled for Auction for 10K Judgement Amount. Plaintiffs are Condo Associations etc.
Whats the outcome of winning this bid? Assuming there's no second mortgage, no big liens, etc, and I am the winning bidder - do I really get this house for 15K?
I know I dont - but how does it play from here - after I win this bid?