Purposely assume the liens w/ my offer?

[Rory Egelus]

Here’s the overview - looking to make a unique offer on a property that has a laundry list of liens. Some lenders, some IRS, some individuals and attorneys. The long term property owner recently passed in December and the kids inherited the messy property, and quickly listed it for sale with a realtor. The listing agent implies there’s no room to move on the listing price as “there’s so many liens they (7 kids) will be lucky to walk away with $5k each.” My thought is to offer $50k assuming all liens - $5k to each kid plus $15k to the agent (listing price $1mil). This of course after doing extreme due diligence at the courthouse myself and working with a title company to nail down the current individual payoffs for each lien.  Property would be a great deal at $750k, so if total payoffs equaled $700k or less, it would be worth pursuing in my mind. With my hopes that actual payoffs total less than $700k. Lastly, my strategy after owning would be to negotiate lower payoffs using a family member attorney, with hopes of being all-in at say $500k. Lot of IFs and a lot of risk I know.. but curious of what you think and if anyone has purposely bought property assuming the liens?

I’ll add that my offer would be all cash, and I could find short term cash to payoff all liens, then refinance with the bank.