San Antonio, TX · Member since 2018 · 17 posts · 8 votes
I have registered for my first online auction and found a property that has a vendors lien. If a lender has a warranty deed vendors lien listed on the tax assessors site and it is being auctioned as a bank owned property, would the winning bidder be responsible for the outstanding vendor lien? How can I find out how much the vendors lien is? I would also be grateful for any information that I could learn more about online auctions.
You can usually ignore vendor's lien Not a separate loan from what is secured by deed of trust. Technical reasons for why lenders want the vendors lien anyways.
Thank you for your quick response Ethan. That is a relief. How can I find out if there are any other liens on the property or would they all be listed at the tax assessors office?
Thank you for your quick response Ethan. That is a relief. How can I find out if there are any other liens on the property or would they all be listed at the tax assessors office?
Your profile looks very well versed. I am also interested in finding a CPA in Texas that specializes in real estate, cost segregation, solo 4o1k, tax strategies and i.e. Agusta loophole. I would appreciate any recommendations.
Your profile looks very well versed. I am also interested in finding a CPA in Texas that specializes in real estate, cost segregation, solo 4o1k, tax strategies and i.e. Agusta loophole. I would appreciate any recommendations.