Updated about 9 years ago on . Most recent reply
An issue with FIFA Liens
My situation:
I have a pre-foreclosure under contract for what is owed on the mortgage, taxes, and HOA fees. I just discovered that there are two FIFA liens the first from Capital One and the second from Discover Card. The home owner has passed away and I need to get these liens cleared up before I am able to complete the purchase. There is some time pressure, because the home is currently in foreclosure.
My Questions:
- How can I go about getting these liens removed?
- If negotiating the payoff, do you know what percent discount of the balance that I should be able to achieve?
- How long does it usually take to settle?What is the best way to put pressure on the lien holder to settle low?