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Foreclosures

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1st and 2nd mortgage's

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Posted Aug 3 2008, 10:55

If I bid on a home at auction and it is the 1st mortgage that is in forclosure and it is known that a 2nd mortgage exists.. And I win the home can the 2nd mortgage pop up later and put a lien on the house and require me to pay off the 2nd mortgage.

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