Depends who you're buying it from.
If you're buying it from the owner in distress, DO YOUR HOMEWORK and pay for a Title Search. There may be more liens on the property then they're telling you about.
If you're buying it directly from the lender (like an REO sale), then probably. But ALL lenders require a title search.
If you buy it without doing a title search (if you're paying cash), you're stuck with all outstanding liens on the property.
Most mortgages today are not assumable. Unless the mortgage the seller is trying to payoff was written before 1985, there's a 99.99% chance it is NOT assumable.
Most banks want to pay off the old and reset you at a higher interest rate when you buy the home.
Don't assume the asking price will payoff all the debts, get a title search from a title & escrow company (about $300 bucks) and use a reputable Escrow Company.
Good luck.
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on foreclosure property's,paying the asking...
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