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Ronny Crawford
  • Investor
  • Marietta, GA
11
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56
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Judgements and Liens?

Ronny Crawford
  • Investor
  • Marietta, GA
Posted Jul 12 2015, 06:06

Hey BP Community,

I am getting ready to bid on an online foreclosure auctioned home and noticed a couple of judgements and liens against the home.  I would appreciate any advice or guidance on how to assess the risk of these.  I have never purchased a property with liens against it. The details are as follows:

Judgements and Liens:

1. Holder: Asset Acceptance, LLC Dated: April 02, 2008

Book: 81 Page: 178 Amount of lien: $2,073.44 

2. Holder: Cobb Hospital, Inc. Dated: October 14, 2008 

Book: 90 Page: 18 Amount of lien: $3,886.83 

3. Holder: American Express Centurion Bank Dated: January 04, 2011 Book: 122 Page: 50 Amount of lien: $6,666.29

There are no Open Bankruptcies found.

What should I be aware of?  Concerned with?  What do I eed to factor into the equation when bidding on this property.  The bidding begins tomorrow and ends in 3 days so any advice or guidance is greatly appreciated.

Thanks!

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