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Andrew Stoll
  • Residential Real Estate Broker
  • Elgin, IL
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Do judgments attach to a foreclosed home?

Andrew Stoll
  • Residential Real Estate Broker
  • Elgin, IL
Posted Aug 31 2013, 11:13

In researching titles, I have found many owners to have judgments against them. Being new to the game, I try not to risk acquiring a home that is owned by someone with a judgment against them, especially if I'm not sure if it carries with the home. Does it?

As an example: the owner of a foreclosed home has an $8,000 credit card judgment against them. If I buy the house at the foreclosure auction (Illinois), will that judgment carry with the property? Or does the judgment stay with the person, and not the prop?

Thanks for the help!

-a

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