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Updated over 3 years ago, 06/07/2021

User Stats

38
Posts
27
Votes
Lamar Washington
  • Investor
  • Palm Beach County, FL
27
Votes |
38
Posts

Purchasing with existing medical liens

Lamar Washington
  • Investor
  • Palm Beach County, FL
Posted

I have a motivate seller that wants to sell her property to me and she does not care if she walks away with any money in her pocket. The only problem is that she acquired the property from her mother who is now deceased. Her mother used the property as collateral to pay for all medical bills and retirement home (Assisted living facility) fees while she was still living. Now there is a medical lien attached to the property that is about the same amount of the ARV of the property. My question is this:

Is there any way that I can purchase the property subject to the medical lien? or seller financing?

Can I negotiate the lien amount down with the lien holder?

Any advice will help and be greatly appreciated. Thanks

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