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Updated over 4 years ago on . Most recent reply

James Compton's profile image
James Compton's profile image
James Compton
  • from Hudsonville, MI
  • Member since Jan 8, 2017
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15
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3
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James Compton's profile image
James Compton's profile image
James Compton
  • from Hudsonville, MI
  • Member since Jan 8, 2017
Connect
James Compton
  • Hudsonville, MI
3
Votes |
15
Posts
Buying & Selling Real Estate

Probate / Lien negotiations

James Compton
  • Hudsonville, MI
Posted

Has anyone ever helped a potential seller negotiate the liens on a home that needs to go through probate? The seller is interested in selling if we can reduce what is owed. Current debt includes a HELOC, credit cards, and some other small debts. I know that I can basically offer a high enough price to cover the debt but it makes the numbers get tight ($20,000 in debt). Any advice would be appreciated.

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