Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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

Updated almost 9 years ago,

User Stats

47
Posts
19
Votes
David Rogers
  • Real Estate Professional
  • Lakewood, OH
19
Votes |
47
Posts

Liens on a Property

David Rogers
  • Real Estate Professional
  • Lakewood, OH
Posted

Hello biggerpockets!

I'm considering making an offer on a property but it has a few liens on it. I'm wondering what I would be responsible for paying and how I could use the liens to my advantage at the bargaining table. They are the following (abbreviated):

1) Taxes and assessments for 2015 - $10,000

2) Open-end mortgage - $65,000

3) Mortgage - $75,000

4) Collateral assignment of leases and rents - $91,000

5) Open-end mortgage - $91,000

Is this something I should still bid on? If so, do any of these liens give me the clout to look for a lower offering price? 

Thanks!