Updated over 6 years ago on . Most recent reply
What Liens Survive A First Mortgage Foreclosure At Auction?
What liens survive a first mortgage foreclosure? Let’s say you buy the banks lien at the foreclosure auction and you win the bid and own the property. What liens get whipped out and what liens survive?
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Wayne Brooks
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Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
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Property taxes, any hoa debts whether a lien is filed or not, city/county code violations, utility charges, irs has right to redeem for 120 days, which they never do.