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Old 10-04-2010, 11:06 PM
MyM MyM is offline
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Join Date: Oct 2010
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Default Lookin to purchase a sheriff sale home? Will

there be a mortgage? There are a couple sheriff sales in my area and one has an opening bid of $1,600.00. So what happens if i am the highest bidder at say $5,000.00, do I own the home or did I purchase a tax lien? If I purchased a tax lien what does this mean? And if there's a mortgage currently then whos responsible for the mortgage? I am confused, and someone please explain this to me please? I called the sheriff's office and she didnt bother to explain it very throughly. Thanks
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