This question should be answered by an attorney that specializes in foreclosure law to have any weight. However I believe the answer to your question is "NOT ALWAYS' so therefore you should be very cautious and do your homework before bidding on a property at a Sheriffs sale.
Here is a link to a very good article that deals with your question. Pay particular attention to the disadvantages section. http://www.therealestatelibrary.com/sherriff.html
If there is anything else I can do for you please let me know. Remember there are some VERY good bank-owned properties on the market that you can get a wonderful deal on and not have to worry about prior liens,clouds on title, etc. Have a great day
Jason Stevens, REALTORÂ®, GRI, ABR
Graduate Realtor Institute
Accredited Buyers Representative
Real Estate Broker Associate
REOTrans Platinum Certified
Kevin Flynn Realty, Inc.
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