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Newbie Foreclosure Auction question - Singapore Jobs Market Forum
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Newbie Foreclosure Auction question

This is a discussion on Newbie Foreclosure Auction question within the Managing Director forums, part of the Singapore Jobs - Top Executives (CEO / CFO / CTO / GM / MD etc.) category; I'm interested in real estate investment and I have been looking into foreclosure auctions specifically. However, after researching I ...


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Old 09-02-2012, 01:24 AM
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Default 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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