Updated over 9 years ago on . Most recent reply
How to buy a house with a $115K tax lien
While looking for houses in Los Angeles, I found a house that is in pre-foreclosure with a 115K tax lien against it. If the buyer doesn't sell, it will be forced into a trustee sale. Frankly I think the house is a little over priced as he bought at the top of the market so I'm not sure it will sell at that price. Can this house be bought outside of a traditional 30 year mortgage? I'm still learning about creative financing. Is there a way for this house to be bought using creative financing/no or low money down? I appreciate any advice.