My co-owner will also need to sign paperwork to put a lien on the house due to the Heloc and he will be responsible if for any reason I'm unable to pay it back, like I get hit by a bus and can't work or something.

Hi Community,I am looking at a property which is foreclosed.It had below events on property:1\1\1999 Deed of trust -- Owner1 -- ABC Mortgage1 (Subsequently Released)1\1\2000 Deed of trust --Owner1 -- XYZ Mortgage 2\1\2000 Release --Owner1 --ABC Mortgage11\1\2002 General Warranty Deed With Vendor's Lien Owner1 GrantorOwner2 GranteeNote: Document also mentions about DEF Mortgage being first Lien mortgage1\1\2002 Deed of Trust --Owner2 --DEF Mortgage Appointment of substitute trustee on DEF Mortgage to Owner2Considering above events on property will the XYZ Mortgage of owner1 wipe out when the foreclosure auction happens on "Owner2 --DEF Mortgage" ?

In the state of Ohio, once the county forecloses on the property, it will wipe out any other lien that exists on the property.  

(An S corporation has one class of stock only if all outstanding shares confer identical rights to distribution and liquidation proceeds.

After purchasing the property I find out there is a special master lien on the property too.

I use this to see if there are outstanding taxes or to guesstimate what is owed on the house.

From what I have read properties that have already  gone through forcloser auctions and are not sold are then turned over to the bank and the liens and title are cleared.

If taxes have not been paid for that long usually the county or city has a tax lien sale and the owner owes principal plus interest.

This concerns real estate in the state of South Carolina.In South Carolina we have delinquent tax sales which you bid on at auction. There is a one year redemption period where the previous owner can redeem and pay t...

Our home has 250k in it (mortgaged 50k)I'm casting around via county records, driving around, center of influence, tax lien auction (happens in the spring in my county) etc. for a junker in a good neighborhood to either rehab (Brendan's BRRR example) OR just purchase with an FHA203k while we live in it, fix up, and then rent out.