Foreclosure Sale
If a foreclosure sale is for a 2nd mortgage of $50,000 and there is a first of $100,000 and i am the winning bidder at the sale when does the first have to be paid off. the sale is in NJ
am i buying at the sale subject to the first and can i just keep making the payments and keep it current
or does the first need to be paid off at the sale along with the winning bid
or can i refinace later and pay the first off if they call the loan due
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