Buying a house with a $1k lien on it
So after looking for a property for almost a year I finally found a solid multi-family to house hack. Now I’m 3+ months into this closing process, full of lies and sidestepping from this sketchy seller, and the day of closing I find out a judgement still hasn’t been settled. I postponed the closing, but they apparently can’t find the person whom the seller owes $1,000 to. The lien will expire in 4 years and would be left in escrow until she collects or it expires. Lots of time into this now, would you go through with the deal and have the $1k in escrow? Or start searching again.
Most Popular Reply
If the deal can't handle paying off a $1000 lien, it's probably not that good of a deal. Can you negotiate it off the purchase price?