Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Shane Roberts

Shane Roberts has started 4 posts and replied 15 times.

Post: Foreclosing on a Property I Own Liens On

Shane Roberts
Posted
  • Investor
  • Denver, CO
  • Posts 15
  • Votes 9
Quote from @David Chung:
Quote from @Shane Roberts:
Quote from @Benjamin Krebs:

If the lien is from the City wouldn't the city be the one to initiate the foreclosure? 

 They City recently passed an ordinance to sell some liens (typically on abandon properties) to the public at auction. I am trying to find the exact language on the website, but it includes a phrase about the purchaser of the lien being solely responsible for collecting on the debt. When I spoke with the City Attorney she mentioned this is can be done by pursuing the individual for the money or by foreclosing on the property. She was scarce with details.

This sounds similar to a tax lien. Be careful to do your due diligence on your recovery.  That said, any attorney who does foreclosures on behalf of banks and financial institutions should be able to handle this for you.  Typically you can ask an experienced REO Real Estate broker for a referral.  Title insurance companies will also have good recommendations.

 Good to know! Thank you, David!

Post: Foreclosing on a Property I Own Liens On

Shane Roberts
Posted
  • Investor
  • Denver, CO
  • Posts 15
  • Votes 9
Quote from @Benjamin Krebs:

If the lien is from the City wouldn't the city be the one to initiate the foreclosure? 

 They City recently passed an ordinance to sell some liens (typically on abandon properties) to the public at auction. I am trying to find the exact language on the website, but it includes a phrase about the purchaser of the lien being solely responsible for collecting on the debt. When I spoke with the City Attorney she mentioned this is can be done by pursuing the individual for the money or by foreclosing on the property. She was scarce with details.

Post: Real Estate Rookie... Again!

Shane Roberts
Posted
  • Investor
  • Denver, CO
  • Posts 15
  • Votes 9

Thank you!

Post: Real Estate Rookie... Again!

Shane Roberts
Posted
  • Investor
  • Denver, CO
  • Posts 15
  • Votes 9

Hey All,

I am a real estate rookie, again. I flipped mobile homes from 2016 to 2019 (about 2 dozen). Took a break to renovate my own house and am now looking to get back into real estate investing. I am interested in purchasing tax liens and properties at deeds sales to create a STR and LTR portfolio.

Would love to connect!

-SR

Post: Foreclosing on a Property I Own Liens On

Shane Roberts
Posted
  • Investor
  • Denver, CO
  • Posts 15
  • Votes 9

Hi All,

I am looking for an attorney who can help me with foreclosing on a property I own liens on. This property has both County Tax Liens and City liens for code violations. Looking specifically for someone with experience in foreclosing on the City liens.

Thanks!

-SR

1 2