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Updated about 13 years ago on . Most recent reply presented by

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313
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Michael R.
  • Real Estate Investor
  • New York
87
Votes |
313
Posts

Negotiating Property Tax Liens

Michael R.
  • Real Estate Investor
  • New York
Posted

Did a search but cant find any relevant posts.

I buy properties that have tax owed on them. Most of the liens are third party and some are very high. Sometimes the property is worth only 2k and the liens might be 13k or higher, which is why the property just sits vacant. I was wondering if anyone has tried to negotiate down what they owe. Some houses I look at have liens from 2006 to current so I am guess if the lien holder wanted to foreclose they would have but they might not see any reason to foreclose as they wont make more than a few thousand on the property sale.

Has anyone successfully or unsuccessfully tried this?

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