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Singapore Jobs Market Forum - Newbie Foreclosure Auction question
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-   -   Newbie Foreclosure Auction question (http://www.singaporejobsmarket.com/forum/managing-director/45666-newbie-foreclosure-auction-question.html)

kick99 09-02-2012 01:24 AM

Newbie Foreclosure Auction question
 
I'm interested in real estate investment and I have been looking into foreclosure auctions specifically. However, after researching I have not been able to find out the answer to one particular question. On the county's online foreclosure auction website I have noticed that some 3rd Party auction winners have won the auction with a winning bid that is lower than the final judgement amount. My question is, if you are a 3rd party winner for an auction and your winning bid is lower than the final judgement, are you then required to pay the difference to the plaintiff?



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