# Foreclosure Investing **URL:** https://community.propertyradar.com/c/foreclosure-investing/9.md?page=1 [Latest](https://community.propertyradar.com/latest.md) · [Categories](https://community.propertyradar.com/categories.md) **Page:** 2 --- ## [Foreclosure Property with Tenants In](https://community.propertyradar.com/t/foreclosure-property-with-tenants-in/4329)
**Author:** [@evian](https://community.propertyradar.com/u/evian)\ **Replies:** 2\ **Last updated:** [August 12, 2024, 11:02pm UTC](https://community.propertyradar.com/t/foreclosure-property-with-tenants-in/4329 "2024-08-12T23:02:41Z")
Hello, I’m new to this community, but i’m glad i found this gem ! I’m a new investor at foreclosure area, i have a potential property to bid from a sheriff sale, due to tax delinquent, the property is investor owned, r… --- ## [In Virginia, how to evict after auction purchase?](https://community.propertyradar.com/t/in-virginia-how-to-evict-after-auction-purchase/2441)
**Author:** [@Sam2](https://community.propertyradar.com/u/Sam2)\ **Replies:** 4\ **Last updated:** [June 18, 2024, 9:44pm UTC](https://community.propertyradar.com/t/in-virginia-how-to-evict-after-auction-purchase/2441 "2024-06-18T21:44:26Z")
After purchasing a home on court house steps in Virginia, what steps should one take to evict the current occupant? I really do not know if the person living there is the owner or a renter. Whoever, the person has not re… --- ## [Lis Pendens after trustee sale](https://community.propertyradar.com/t/lis-pendens-after-trustee-sale/4305)
**Author:** [@Dev](https://community.propertyradar.com/u/Dev)\ **Replies:** 3\ **Last updated:** [May 28, 2024, 3:14pm UTC](https://community.propertyradar.com/t/lis-pendens-after-trustee-sale/4305 "2024-05-28T15:14:51Z")
Hi, I purchased a property at trustee sale few days back and recorded the TDUS within 60 days of sale. The sale took to finalize 45 days due to notice of intent to bid and I bought it as prospective owner occupant. After… --- ## [tax liens](https://community.propertyradar.com/t/tax-liens/1823)
**Author:** [@xmwu2006](https://community.propertyradar.com/u/xmwu2006)\ **Replies:** 31\ **Last updated:** [February 21, 2024, 10:05pm UTC](https://community.propertyradar.com/t/tax-liens/1823 "2024-02-21T22:05:05Z")
I want to know if I plan to buy a property at auction, and if that property has federal and state tax lien on it, am I supposed to pay IRS for? the amount the previous owner owed?? Thanks. --- ## [IRS tax after county tax sale](https://community.propertyradar.com/t/irs-tax-after-county-tax-sale/4280)
**Author:** [@farisassaf2016](https://community.propertyradar.com/u/farisassaf2016)\ **Replies:** 1\ **Last updated:** [February 21, 2024, 10:04pm UTC](https://community.propertyradar.com/t/irs-tax-after-county-tax-sale/4280 "2024-02-21T22:04:10Z")
Anyone knows what could happen to the IRS lien after purchasing property at county tax sale? --- ## [PropertyRadar vs-a-vs Foreclosures.com](https://community.propertyradar.com/t/propertyradar-vs-a-vs-foreclosures-com/4127)
**Author:** [@NorCal\_Dennis](https://community.propertyradar.com/u/NorCal_Dennis)\ **Replies:** 3\ **Last updated:** [February 20, 2024, 10:21pm UTC](https://community.propertyradar.com/t/propertyradar-vs-a-vs-foreclosures-com/4127 "2024-02-20T22:21:06Z")
Maybe foreclosures might be on a slight rise in the future, though as Bruce Norris mentioned last night in a webinar it is not likely they will become bank owned REOs. It might be interesting to check out the data so I … --- ## [Keeping the tenant in place after the auction](https://community.propertyradar.com/t/keeping-the-tenant-in-place-after-the-auction/4253)
**Author:** [@gordonhunt](https://community.propertyradar.com/u/gordonhunt)\ **Replies:** 3\ **Last updated:** [October 22, 2023, 4:55pm UTC](https://community.propertyradar.com/t/keeping-the-tenant-in-place-after-the-auction/4253 "2023-10-22T16:55:26Z")
I just bought a property at auction and it is tenant occupied. This is a great neighborhood (Del Webb - 55 and older) and I would suspect the tenant is good. So I would be open to keeping them in place. Any words of w… --- ## [do IRS tax liens stay with the property on an auction?](https://community.propertyradar.com/t/do-irs-tax-liens-stay-with-the-property-on-an-auction/1744)
**Author:** [@Mr1](https://community.propertyradar.com/u/Mr1)\ **Replies:** 11\ **Last updated:** [May 12, 2023, 4:54am UTC](https://community.propertyradar.com/t/do-irs-tax-liens-stay-with-the-property-on-an-auction/1744 "2023-05-12T04:54:14Z")
i am concerned with tax liens staying on the property when we purchase the home thru action. i heard that the IRS actually has 1 year to come to the buyer and take the house back for what you paid for it. is that true? a… --- ## [CA foreclosure question and FTB tax lien](https://community.propertyradar.com/t/ca-foreclosure-question-and-ftb-tax-lien/4186)
**Author:** [@Cardinal21](https://community.propertyradar.com/u/Cardinal21)\ **Replies:** 2\ **Last updated:** [April 5, 2023, 12:52am UTC](https://community.propertyradar.com/t/ca-foreclosure-question-and-ftb-tax-lien/4186 "2023-04-05T00:52:28Z")
I am new to this foreclosure process. Any help would be appreciated. A home was foreclosed on. The county court house steps brought a few buyers including an institutional investor who was the high bidder. There is now … --- ## [Tax deductions for loans acquired after auction purchase?](https://community.propertyradar.com/t/tax-deductions-for-loans-acquired-after-auction-purchase/2069)
**Author:** [@Alan](https://community.propertyradar.com/u/Alan)\ **Replies:** 2\ **Last updated:** [April 3, 2023, 11:20am UTC](https://community.propertyradar.com/t/tax-deductions-for-loans-acquired-after-auction-purchase/2069 "2023-04-03T11:20:29Z")
I understand that purchase money loans are tax deductible up to $1,000,000 and home equity loans are limited to $100,000. Does this apply to homes purchased with cash at auction? For instance, if I intend to occupy the … --- ## [Personal property left behind by deceased owner after foreclosure](https://community.propertyradar.com/t/personal-property-left-behind-by-deceased-owner-after-foreclosure/4140)
**Author:** [@Tomdacy](https://community.propertyradar.com/u/Tomdacy)\ **Replies:** 2\ **Last updated:** [August 29, 2022, 6:33pm UTC](https://community.propertyradar.com/t/personal-property-left-behind-by-deceased-owner-after-foreclosure/4140 "2022-08-29T18:33:49Z")
I purchased a home located in Folsom, California at foreclosure auction conducted in Sacramento, California on May 26, 2022. I recorded the Trustee’s Deed Upon Sale on June 8, 2022. The property appeared to be unoccupied… --- ## [Why would a bank buy a house for more than it is worth to sell for less?](https://community.propertyradar.com/t/why-would-a-bank-buy-a-house-for-more-than-it-is-worth-to-sell-for-less/2447)
**Author:** [@kalr](https://community.propertyradar.com/u/kalr)\ **Replies:** 4\ **Last updated:** [July 26, 2022, 5:31am UTC](https://community.propertyradar.com/t/why-would-a-bank-buy-a-house-for-more-than-it-is-worth-to-sell-for-less/2447 "2022-07-26T05:31:35Z")
Why would a bank buy a house for more than it is worth at foreclosure, then immediately try to sell it for less?A house was sold for 700K to a person in 2010. The house was foreclosed on in 2012 and the bank bought it at… --- ## [Closing on Condo in REO 4 unit building](https://community.propertyradar.com/t/closing-on-condo-in-reo-4-unit-building/4108)
**Author:** [@jshgabsuli](https://community.propertyradar.com/u/jshgabsuli)\ **Replies:** 3\ **Last updated:** [December 21, 2021, 8:28pm UTC](https://community.propertyradar.com/t/closing-on-condo-in-reo-4-unit-building/4108 "2021-12-21T20:28:58Z")
Hello I am close to closing on a condo in a 4-unit building, which is currently REO. The other three units are on the market and are currently unoccupied. I was given the HOA bylaws but these are from 2018 and I assume … --- ## [So I bought a HOA lien in NV and...........](https://community.propertyradar.com/t/so-i-bought-a-hoa-lien-in-nv-and/2352)
**Author:** [@Tom](https://community.propertyradar.com/u/Tom)\ **Replies:** 9\ **Last updated:** [April 25, 2021, 10:39pm UTC](https://community.propertyradar.com/t/so-i-bought-a-hoa-lien-in-nv-and/2352 "2021-04-25T22:39:18Z")
There is a first for $160k and the house is worth $220k. I spent $5,600 at auction on the HOA. I bought it planning on paying off the first. Deed is en route to me. My title company wont talk to me about it. They don… --- ## [Trustee Sale Buyers at Risk From SB1079. ALERT!](https://community.propertyradar.com/t/trustee-sale-buyers-at-risk-from-sb1079-alert/3843)
**Author:** [@aaronnorris](https://community.propertyradar.com/u/aaronnorris)\ **Replies:** 31\ **Last updated:** [March 31, 2021, 4:01pm UTC](https://community.propertyradar.com/t/trustee-sale-buyers-at-risk-from-sb1079-alert/3843 "2021-03-31T16:01:46Z")
California SB 1079 Summary (updated 9/29/20) SB 1079 has passed the California House and Senate and was signed by Gavin Newsom on 9/28/20. This will impact all trustee sale buyers in California and now goes into effect… --- ## [Who is responsible for damage under SB1079](https://community.propertyradar.com/t/who-is-responsible-for-damage-under-sb1079/3871)
**Author:** [@danielramos](https://community.propertyradar.com/u/danielramos)\ **Replies:** 11\ **Last updated:** [December 18, 2020, 9:52am UTC](https://community.propertyradar.com/t/who-is-responsible-for-damage-under-sb1079/3871 "2020-12-18T09:52:57Z")
That latest show on SB 1079 was eye opening. Mike said that the investor doesn’t own the property until its recorded. You mentioned that just because an eligible buyer puts in their intent to bid, it doesn’t mean they wi… --- ## [CA Judicial Foreclosures during Covid](https://community.propertyradar.com/t/ca-judicial-foreclosures-during-covid/3953)
**Author:** [@PyleDriver](https://community.propertyradar.com/u/PyleDriver)\ **Replies:** 2\ **Last updated:** [December 28, 2020, 6:32pm UTC](https://community.propertyradar.com/t/ca-judicial-foreclosures-during-covid/3953 "2020-12-28T18:32:42Z")
Is there a moratorium on judicial foreclosures in Calif due to Covid restrictions? I’m referring to foreclosure auctions on the courthouse steps. I plan to attend one tomorrow but beginning to think it will be cancelled… --- ## [Bidding on a 2nd Deed of Trust / Mortgage & Dealing with the 1st Mortgage](https://community.propertyradar.com/t/bidding-on-a-2nd-deed-of-trust-mortgage-dealing-with-the-1st-mortgage/3891)
**Author:** [@iforsyth](https://community.propertyradar.com/u/iforsyth)\ **Replies:** 4\ **Last updated:** [November 16, 2020, 5:22pm UTC](https://community.propertyradar.com/t/bidding-on-a-2nd-deed-of-trust-mortgage-dealing-with-the-1st-mortgage/3891 "2020-11-16T17:22:56Z")
This pertains to a Trustee Sale in Las Vegas. If I bid on a 2nd junior mortgage at Trustee Sale, and I’m comfortable with the 1st mortgage amount, as well as the equity in the house, I have a few question on dealing wit… --- ## [Will foreclosures ever go completely digital?](https://community.propertyradar.com/t/will-foreclosures-ever-go-completely-digital/3918)
**Author:** [@danielramos](https://community.propertyradar.com/u/danielramos)\ **Replies:** 8\ **Last updated:** [November 16, 2020, 5:12pm UTC](https://community.propertyradar.com/t/will-foreclosures-ever-go-completely-digital/3918 "2020-11-16T17:12:59Z")
Why do we still do the courthouse steps? I’ve been surprised, especially with Covid, that we haven’t seen a push to make auctions happen entirely online. Seems like there’s be more global interest in properties. Is there… --- ## [Evictions during Covid?](https://community.propertyradar.com/t/evictions-during-covid/3889)
**Author:** [@danielramos](https://community.propertyradar.com/u/danielramos)\ **Replies:** 5\ **Last updated:** [October 21, 2020, 10:32pm UTC](https://community.propertyradar.com/t/evictions-during-covid/3889 "2020-10-21T22:32:42Z")
Any insights into evictions during Covid after I buy at trustee sale? Cash for keys still working? --- ## [Can I contact the bank directly about potential foreclosure deals?](https://community.propertyradar.com/t/can-i-contact-the-bank-directly-about-potential-foreclosure-deals/3878)
**Author:** [@davidvuong1](https://community.propertyradar.com/u/davidvuong1)\ **Replies:** 10\ **Last updated:** [October 15, 2020, 5:35pm UTC](https://community.propertyradar.com/t/can-i-contact-the-bank-directly-about-potential-foreclosure-deals/3878 "2020-10-15T17:35:55Z")
Do you think contacting the bank directly to chase defaulting loans might be a good strategy? --- ## [Will foreclosures explode in 2020 or 2021?](https://community.propertyradar.com/t/will-foreclosures-explode-in-2020-or-2021/3866)
**Author:** [@marcosujimori](https://community.propertyradar.com/u/marcosujimori)\ **Replies:** 3\ **Last updated:** [October 9, 2020, 3:24pm UTC](https://community.propertyradar.com/t/will-foreclosures-explode-in-2020-or-2021/3866 "2020-10-09T15:24:16Z")
After reading your California 1079 post - do you think foreclosures in California will really take off later this year? If fewer buyers go to the courthouse, that’s where they’d most likely land, right? --- ## [Steps after win at auction?](https://community.propertyradar.com/t/steps-after-win-at-auction/1804)
**Author:** [@learningaboutforeclo](https://community.propertyradar.com/u/learningaboutforeclo)\ **Replies:** 23\ **Last updated:** [July 14, 2020, 5:14am UTC](https://community.propertyradar.com/t/steps-after-win-at-auction/1804 "2020-07-14T05:14:16Z")
Not clear about the last steps after a foreclosure auction purchase. Are these the correct steps and please see my questions? ? After auction steps? Provide cashiers check(s) for amount of winning bid Is there a rece… --- ## [Made a huge mistake, need help](https://community.propertyradar.com/t/made-a-huge-mistake-need-help/3699)
**Author:** [@Vlad](https://community.propertyradar.com/u/Vlad)\ **Replies:** 3\ **Last updated:** [June 3, 2020, 4:19am UTC](https://community.propertyradar.com/t/made-a-huge-mistake-need-help/3699 "2020-06-03T04:19:58Z")
Yesterday at the live auction I was a successful bidder on the foreclosure property, the opening bid was $20K, there was a bidding war and I won for $241K, but then I found out that I was bidding on the 2-nd lien, the HE… --- ## [Just bought a Foreclosure and now I can't do an Eviction](https://community.propertyradar.com/t/just-bought-a-foreclosure-and-now-i-cant-do-an-eviction/3743)
**Author:** [@bobbarrie](https://community.propertyradar.com/u/bobbarrie)\ **Replies:** 1\ **Last updated:** [May 28, 2020, 5:30am UTC](https://community.propertyradar.com/t/just-bought-a-foreclosure-and-now-i-cant-do-an-eviction/3743 "2020-05-28T05:30:33Z")
I just bought a foreclosure property and tried a cash for keys and it was a no go. So I call and left messages with 4 eviction lawyers only one called back. I was told because of Covid 19 evictions can not be done unti… --- ## [Protecting Tenants at Foreclosure Act](https://community.propertyradar.com/t/protecting-tenants-at-foreclosure-act/1505)
**Author:** [@Tomo](https://community.propertyradar.com/u/Tomo)\ **Replies:** 12\ **Last updated:** [May 26, 2020, 8:00pm UTC](https://community.propertyradar.com/t/protecting-tenants-at-foreclosure-act/1505 "2020-05-26T20:00:12Z")
Michelle, I purchased a property at trustee auction recently. After doing an occupancy check the following day and speaking with the two occupants of the property, I found out that the former owner executed a one-year l… --- ## [Bought a property at a trustee sale; the owner is trying to reverse](https://community.propertyradar.com/t/bought-a-property-at-a-trustee-sale-the-owner-is-trying-to-reverse/1303)
**Author:** [@Gallia](https://community.propertyradar.com/u/Gallia)\ **Replies:** 12\ **Last updated:** [July 27, 2019, 8:49pm UTC](https://community.propertyradar.com/t/bought-a-property-at-a-trustee-sale-the-owner-is-trying-to-reverse/1303 "2019-07-27T20:49:47Z")
Hello: A couple of days ago we purchased a house at an auction in CA and later that day stopped by the property to check on the occupancy. We ended up meeting the owner and informing him about the sale. He said he wasn’… --- ## [Do City Rehabilitation Liens Survive](https://community.propertyradar.com/t/do-city-rehabilitation-liens-survive/3693)
**Author:** [@Drome](https://community.propertyradar.com/u/Drome)\ **Replies:** 4\ **Last updated:** [July 25, 2019, 8:32pm UTC](https://community.propertyradar.com/t/do-city-rehabilitation-liens-survive/3693 "2019-07-25T20:32:38Z")
Im here in Ca, bought property at trustee sale . Property had 1st through bank and a 2nd which is a loan through the city . It was a rehabilitation loan given to the previous owner to remodel and improve the home. I un… --- ## [What is the address for the sales on the Courthouse steps in Marin County?](https://community.propertyradar.com/t/what-is-the-address-for-the-sales-on-the-courthouse-steps-in-marin-county/2694)
**Author:** [@Earl](https://community.propertyradar.com/u/Earl)\ **Replies:** 3\ **Last updated:** [July 25, 2019, 5:37am UTC](https://community.propertyradar.com/t/what-is-the-address-for-the-sales-on-the-courthouse-steps-in-marin-county/2694 "2019-07-25T05:37:08Z")
What is the address for the sales on the Courthouse steps in Marin County? Thanks! --- ## [CA State Tax Liens & Trustee Sale](https://community.propertyradar.com/t/ca-state-tax-liens-trustee-sale/3624)
**Author:** [@johninvestsCA](https://community.propertyradar.com/u/johninvestsCA)\ **Replies:** 1\ **Last updated:** [September 12, 2018, 11:40pm UTC](https://community.propertyradar.com/t/ca-state-tax-liens-trustee-sale/3624 "2018-09-12T23:40:24Z")
I have a question regarding lien priority for properties sold at Trustee Sale in California. I am looking at a property that has a first loan going to sale. After that deed of trust, the property owner had 20+ differen… [Previous page](https://community.propertyradar.com/c/foreclosure-investing/9.md) [Next page](https://community.propertyradar.com/c/foreclosure-investing/9.md?page=2)