I am new, and don’t know many things. today I tried to bid 121 buckingham dr., #54 santa clara, ca95051, apn 29454037.
From foreclosureRdar , I found total loan is 420,000. first loan is 336,000, second loan is 84,000.
I joined the bidding, the winning bid is $232,800. and the market value is 327,900.
The winning bidder only need to pay 232,800 to the bank (trustee), right? the winner won’'t need to pay 336,000, right?
If I do this research, how do I know this property as any lien, like property tax lien, irs personal lien, car loan lien, credit card lien.
I heard that the winner bidder need to take responsible those lien or debt, it’s that true or not?
where and how can i find the lien?