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Updated over 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Paradise Valley, Arizona
  • Member since Jul 10, 2015
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Paradise Valley, Arizona
  • Member since Jul 10, 2015
Account Closed
  • Investor
  • Paradise Valley, AZ
6
Votes |
48
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Tax Liens & Mortgage Notes

Liens

Account Closed
  • Investor
  • Paradise Valley, AZ
Posted

Hi!

We have a seller that wants to sell their rental that was intended for a flip. It was purchased at an HOA auction and he now knows there's a lien on the property and wants out. If we purchase the property (has great cap rate and ok cash flow), how does that work? Do we acquire the lien?

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Jodi Gauthier's profile image
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Jodi Gauthier
  • Real Estate Broker
  • from Houston, TX
  • Member since Aug 3, 2016
  • Posts 87
  • Votes 47
  • Experience 25 Yrs
  • Investments 12

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Jodi Gauthier's profile image
Jodi Gauthier's profile image
Jodi Gauthier
  • Real Estate Broker
  • from Houston, TX
  • Member since Aug 3, 2016
  • Posts 87
  • Votes 47
  • Experience 25 Yrs
  • Investments 12
Jodi Gauthier
  • Real Estate Broker
  • Houston, TX
47
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87
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Jodi Gauthier
  • Real Estate Broker
  • Houston, TX
Replied

@Account Closed I am also curious as to the outcome of this deal. I am in the same situation in Texas as well.

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