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Updated over 10 years ago on . Most recent reply
Association forclosure lien
I am looking at a potential flix and flip. The property is being marketed for $75k with an ARV of $200k with little renovation work and it's in a nice area.
The issue is with the title. The property has an association foreclosure lien on the title but the lien is paid off supposedly.
My question is 1) how can I clear the title? I am slightly suspicious because the person selling the property is an investor so if it is easy to do then why is he not doing it?
What if I hire an attorney or company to investigate this for me to assist with clearing the title? The numbers are fantastic so I am trying to figure a way out to make it work.
Thank you for reading my post and I appreciate any guidance!
Most Popular Reply

- Real Estate Professional
- West Palm Beach, FL
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Definitely get a title search first. When you say it has an association "foreclosure lien", do you mean it has a Lien, or has it actually been foreclosed on? If just a lien, easy to figure out. If it was foreclosed on by the association, there likely is still a mortgage attached to it, which the "investor" may be looking to stick you with.