the owner filed BK about two months ago, and there was an judgement of 20K about 4 months ago.
What impact will the BK and judgement have on the auction buyer?
Presuming the $20K judgment was recorded after the foreclosing deed of trust, then it should have no impact on an auction buyer, as it’s “junior” and stands to be wiped out (from the auction buyer’s POV) post trustee sale. The BK filing can delay the trustee sale. Some BKs can be settled swiftly and others drag out for months. But a BK is a good indicator that the property will “eventually” go sale at the steps.