Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
General Landlording & Rental Properties
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hemlane-a9392011949df124ea8ee63be2fb270c9423d6cd446ec67af23c96616e618606.png)
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
![Mike Nelson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/114486/1694876284-avatar-mike_nelson.jpg?twic=v1/output=image/cover=128x128&v=2)
City liens on REO -How to deal with them?
Whats the best way to deal with code/maintenance liens from city municipalities that are recorded as liens on REO, you know the $250/day liens. Some of these REOs im looking at are vacant since 2011 and the lien was recorded from that date, so were talking supposably over $100,000 in daily fines!! So for a property worth 200k selling for 120k is it the banks job to negotiate with the city to release the lien in order to convey title to the new buyer(me) who will clearly fix all the pending issues? I guess Im a little stuck on making my offers on these REOs with City liens.