Newbie needs advice, I saw something I dont understand
I was at a sherrifs sale in november and saw a property with a sale price of 360k in 2005 (8 plex) which the bank was forclosing on. The upset price was 166k and no one bid. The bank got it for a dollar. This past Monday I was at a tax lien sale at the same court house and the same property has a lien totaling 64k. No one bid. If I had bought the tax lien would I have gotten the property free of the bank lien?