Short Sale Lien Negotiations
Hello Agents and Investors. I am representing a buyer on a short sale transaction and the negotiator wants to know how much my buyer is willing to pay, to pay off some of the liens. How does one figure out that number? This is my first shortsale, so i am trying to get a little guidance please. There is a child support lien, Judgement Bail Bond Lien of about $522,000, Mechanic Liens of $4,700 and some other judgement of like $52,000, which i am trying to figure out what it is. Any help, would really help me out. The bank has aprooved doing the shortsale, just trying to figure out how much my buyer should offer in addition to the purchase price. Thank you so much for your help!