Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 1 year ago on . Most recent reply

User Stats

41
Posts
9
Votes

Lien on builder prior to sale, creditors threat to now lien me

Posted

Hello, recently i purchased a new construction from a large builder and we went through closing and such as part of the buying. Several weeks after sale,  out of the blue I received a letter form a creditor that there was a lien for $600 on the property PRIOR to the sale, that the builder never paid and now they are going to put a lien on the property against my name. IS this even legal?  I have written to the builder asking them to cure this issue, but I must say that this builder has been very difficult to get anything done. Am i really liable for this payment? I closed the property in March, creditor in their letter to me say that they had a lien on the property in February. I wonder how the closing process was completed when there was a lien on the property? Any guidance is appreciated. 

Thank you in advance.

Sendil

Most Popular Reply

User Stats

18,967
Posts
16,512
Votes
Chris Seveney
  • Investor
  • Virginia
16,512
Votes |
18,967
Posts
Chris Seveney
  • Investor
  • Virginia
ModeratorReplied
Quote from @Sendil Thangavelu:

Hello, recently i purchased a new construction from a large builder and we went through closing and such as part of the buying. Several weeks after sale,  out of the blue I received a letter form a creditor that there was a lien for $600 on the property PRIOR to the sale, that the builder never paid and now they are going to put a lien on the property against my name. IS this even legal?  I have written to the builder asking them to cure this issue, but I must say that this builder has been very difficult to get anything done. Am i really liable for this payment? I closed the property in March, creditor in their letter to me say that they had a lien on the property in February. I wonder how the closing process was completed when there was a lien on the property? Any guidance is appreciated. 

Thank you in advance.

Sendil


 Did you get title insurance? If so, say you have a right to do whatever you need to, if you give me a copy of the recorded lien I can forward it to the title company.You can also ask the closing agent to look into it.

In many instances, a subcontractor got into a dispute on payment and then threatens the homeowner since they will not get it from the builder. Whatever you do, do not pay it at this time. 

  • Chris Seveney
business profile image
7e investments
5.0 stars
1 Review

Loading replies...