|
Foreclosure Forum |
|
|
Jr Lien
Hi Ward, I picked up a foreclosure in Riverside county and decided to keep it and rent it out. After one year of owning the property I received a bill for the water bill from the previous owner. The bill has the previous owners name and my name on the bill. It seems that the previous owner didn't pay the water and trash bill and the city put a lien on the property Aug 2006, I purchased the property at he trustee sale in Feb 2007. I explained to the "collector" that I bought the home at a foreclosure sale and all Jr Liens would get "wiped out". The girl asked, "what law is that", and no matter what I need to pay $1273.00. I have called everyone I know including a Title Co, Escrow Co and Kirk at County Records but no one can explain why and how to prove the Jr Liens get wiped out, only that they do and I shouldn't pay it. How do I prove that the Jr Liens in a foreclosure should be "wiped out"? Is there a law or rule or is it just a hope that the Jr Liens will just go away. Thanks for your help, Greg
Follow Ups:
Post a Followup:
|
Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.
Copyright © 1997-2008, InnoVest Resource Management
http://www.foreclosureforum.com
InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455