[quote=jpinpb][quote=SD Realtor]second is wiped out. [/quote]

I thought if you buy on the steps you assume any debts w/the place. [/quote]

It depends. Some debts are assumed, some debts are wiped, some debts stay on the former owner. That’s why it is important to do your research before bidding. In this case, the second is most likely wiped. Unpaid property taxes (if any) would be assumed.