Deals w/liens and mortg..

[Mike Delprete]

I have two wholesale deals under contract one with 25k lien and another with 19k mortgage.

They are good deals the numbers work. My question is do I discuss this with my buyer b4 we sign the contract or is this all handled at title?

[Jaremy Moritz]

As long as you're closing at a title company, the liens shouldn't be an issue since they will have to be paid at closing. Are your purchase prices higher than the amount of the liens? And do the sellers know about the liens? If so, don't worry about them. They are a non-issue.

All you need to tell the buyer(s) is that they will have clear title at closing.