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Tax Liens & Mortgage Notes
Account Closed
  • Rental Property Investor
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Paying tax lien subs when Property is up for sale

Account Closed
  • Rental Property Investor
Posted May 17 2019, 11:40

I bought a New Jersey utility tax lien for a commercial property and now considering paying the subs- property taxes for 2018 and 2019 that haven’t been paid. The commercial building has been for sale for $300K since Oct 2018 and hasn’t sold yet.

The subs will cost me $6K. Is this a slam dunk lien to purchase for a quick return (as soon as property sells)?

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