Anyone Here Worked With Commercial Lien Assignments in Austin?

[Laurie Suzuki]

I’m looking to connect with investors who have experience in lien assignments on commercial properties in South Central Austin — specifically in the S. Lamar / S. Congress corridor with Menchaca Road access.

I currently hold a perfected lien on a multifamily/condo asset in this area and am exploring potential strategies, including assignment. Curious how others have structured these deals and what outcomes you’ve seen in the Austin market.

Would love to hear from anyone who’s navigated lien-to-title plays or redevelopment opportunities stemming from commercial liens.

[Henry Clark]

As @Ronald Rohde noted, need more detail.

Having a lien doesn’t mean it is actionable or worth anything.  

Is it a mechanic lien for say an HVAC install?  Say $8,000 on a $700,000 property?  You can’t easily get anything done.

Texas tax lien, you can’t do anything for 2 years?  While the owner is trashing the property?

A loan lien, can’t do anything until after you foreclose?  

Depending on the type of lien, current condition of the property and the condition you take ownership, you could owe money.  

Example.  A 2 year old house near us.  There was a dispute over the soil settling on the back side where there is a large ditch.  The owners moved out.  No one would buy and they stopped paying.  They came back and stripped the entire house taking out sinks, fans, etc.  Then stripping the wire out of the walls.