Posted by chet on February 12, 2005 at 19:02:58:
it goes to junior lien holder if there are and, and the person who defaulted if not.
foreclosures - Posted by Cheryl
Posted by Cheryl on February 09, 2005 at 12:52:37:
I plan to purchase a property at a forclosure trustee auction. The trustee has indicated what the minimum bid will be (to cover the default amount, fees, loan balance). What happens to if I purchase the property for more than that amount? Who does the money go to?