OK, even as you said,

if you know the 2nd lien auction will come before the 1st lien auction, there is absolutely no benefit to win the 2nd lien auction, because the 2nd lien will be wiped out anyway.

In the case discussed below, the young guy after paid 190k is in the same position with anybody else at the 1st lien auction an hour later.

所有跟帖： 

• 不是這樣的，你的理解是拍賣中的一種。 -守月- ♀ (799 bytes) () 03/06/2024 postreply 06:48:08

• 答案還是估計各州法律不一樣， 我這裏也是一貸forclosure就wipeout其他liens。 -smlandlord- ♂ (116 bytes) () 03/06/2024 postreply 06:55:58