Can homes brought to auction have liens still on them?

Question

Can a home that is brought to auction by the owner or even a bank have a title lien still against it?

How/ where could I check to make sure things are smooth before attempting to bid on this potential deal?

Richard Sherman · Answer

@Lauren Simmers They would know who title is going to be and sometimes they have done a prelim on the property. It should list if title insurance is eligible or not and the kind of deed. Worth talking to them for sure.

Lauren Simmers · Answer

@Richard Sherman, thank you for that. Would the auction company have this information?

Richard Sherman · Answer

@Lauren Simmers Get Title insurance and look through the title report for exceptions they have listed. Should be an option with whoever the closing title company is to get title insurance.

Can homes brought to auction have liens still on them?

3 Replies