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Updated about 1 year ago on . Most recent reply

Lien Off using a bond
If I use a discharge bind to remove a lien for title transfer, can i transfer the lien back to the property after the transfer to free my surety bond money?
thanks
Most Popular Reply

- Lender
- Lake Oswego OR Summerlin, NV
- 63,818
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I do remember.. I cant recall the exact name it was something like a zero coupon bond.. and the setting we used it in was a new townhouse project that I was the broker on and it was not selling and the owner came up with this.. Hey we sell them the houses but we give them a zero coupon bond that will over 30 years end up paying for the house and we can buy it today for like 5k something like that.. I had not thought of that in years :)
Don its Dave Del Dotto :) he has a few wineries in the Napa valley and makes great wine.. One of them was right across the street from my house when i lived there its the one on Atlas peak rd. He would hang at the winery and engage for those coming in for tastings I had many a half sober conversation with him about his being the first late night TV guy.. pretty interesting dude.
- Jay Hinrichs
- Podcast Guest on Show #222
