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Updated almost 5 years ago on . Most recent reply

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Garnett Freeman II
3
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20
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What liens/judgements can prevent the sale of a property in Texas

Posted

I am in negotiations to get a property under contract in DFW. House has an almost $60k tax lien on it. Seller is the daughter of deceased owner and doesn't seem too open to speaking on details of other possible encumbrances. A question to you professional investors: What other possible liens/judgements can prevent the sale besides debts, mortgage debts and mechanics liens? Can credit card debt be used to put a lien on a property? 

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2,065
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
1,672
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2,065
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
Replied

You're putting the cart before the horse. Get the property at an investor grade price (one that allows you to make money), send it to the title and let them figure out what liens, encumbrances, and title issues there may be. 

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