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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Sr lien foreclosed after Jr lien foreclosed Posted by First timer on May 01, 2008 at 12:37 AM I understand that liens are assigned priority based on when they are recorded and that if you purchase a Jr lien you are responsible for the Sr. But that, if you purchase a Sr lien all other non tax related liens are wiped out. My question is: Does this hold true in the event that a Jr lien is foreclosed and sold to the lender then the Sr lien is foreclosed? If I purchase this Sr lien am I some how responsible for the Jr Lien? The auction is on May 6th and is located in Georgia. Thanks All! Follow Ups: Simple rule Ward-CA- 0:51 AM, 05/03/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I understand that liens are assigned priority based on when they are recorded and that if you purchase a Jr lien you are responsible for the Sr. But that, if you purchase a Sr lien all other non tax related liens are wiped out. My question is: Does this hold true in the event that a Jr lien is foreclosed and sold to the lender then the Sr lien is foreclosed? If I purchase this Sr lien am I some how responsible for the Jr Lien? The auction is on May 6th and is located in Georgia. : Thanks All! [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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