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Updated over 6 years ago on . Most recent reply

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Uneeq Khan
  • Bound Brook, NJ
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Upcoming Lien On A Home

Uneeq Khan
  • Bound Brook, NJ
Posted

So I've got some information about a townhome property in a HOA complex that is about $4k delinquency for not paying HOA and the other is $7k. The one whose $7k lawyered up and worked out something with the city, wasn't told what. The $4k one has nothing done so far but HOA is looking to put a lien.

I want to buy that house. What strategies are there for buying a home that is about to have a lien put on it? Thanks.

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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
  • Investor
  • Greer, SC
Replied

You can approach owner before or after lien and try to get them to sell. You can try and buy it at delinquent tax sale auction if they're behind on their property taxes.

  • John Underwood
  • Loading replies...