Posted by Mike Stott on August 11, 2003 at 18:33:10:
It depends if the liens were named in the foreclosure and what type of liens they are. Governmental liens generally stay, although I’d check where you invest. Other than Gov’t liens, if they aren’t named in the foreclosure and existed prior to the Lis Pendis filing, you will probably be responsible for them as the winning bidder.
If the liens are processed after the sale date, they shouldn’t be your responsibility. In addition, you generally wouldn’t be responsible for liens that pop up after the lis pendis filing. I hate to be so vague, but your state law (mine is Florida) will dictate title law and the foreclosure process.
You are smart to do an “O&E”. That will show you what is against the property. With this, you can check the foreclosure to see which liens are named.
Best of luck.