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Updated about 10 years ago on . Most recent reply

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13
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Brittany Dent
  • Investor
  • New Orleans , LA
0
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13
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Potential Property has liens

Brittany Dent
  • Investor
  • New Orleans , LA
Posted

There's a property that i'm currently interested in and after contacting the clerk of court i've learned that they're are about 14 liens which are small amounts and a mortgage lien from SBA for $41k. How does it work? Would the country forgive their liens if i purchase it and will he just be repsonsible for the SBA or do all liens need to be paid before him selling the property.

What offers can I make to him if i'm wanting to do seller financing or would I have to buy the property through a conventional bank? PLEASE HELP!!

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