State Department of Revenue Lien Mitigation/Aquisition
2 Replies
Tatiana Gershanovich
Real Estate Investor from Seattle, Washington
posted over 3 years ago
There is a property that we want to acquire. It has a Department of Revenue lien (on a junior position) that brings our cost of acquisition higher that we want to pay for the property. First position lien holder started a foreclosure process. If it goes to the auction DoR lien will be wiped out.
Does anybody have a strategy for negotiation with the Department of Revenue or buying their lien at deep discount?
Bob Malecki
Investor from Kingston, WA
replied over 3 years ago
Hi Tatiana, you may want to cross post this also in the Seattle forum: https://www.biggerpockets.com/forums/770-seattle-real-estate-forum
Tatiana Gershanovich
Real Estate Investor from Seattle, Washington
replied over 3 years ago
Thank you, Bob! Will post there as well.