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Updated almost 8 years ago on . Most recent reply presented by

Terry McPherson's profile image
Terry McPherson's profile image
Terry McPherson
  • Investor
  • from Greenville, Kentucky
  • Member since Mar 20, 2017
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Terry McPherson's profile image
Terry McPherson's profile image
Terry McPherson
  • Investor
  • from Greenville, Kentucky
  • Member since Mar 20, 2017
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Terry McPherson
  • Investor
  • Greenville, KY
3
Votes |
16
Posts
Tax, SDIRAs & Cost Segregation

Liens on a property prior to purchase

Terry McPherson
  • Investor
  • Greenville, KY
Posted

Getting ready to purchase a property that has a lien "assigned as unassigned" from the lender.  Never run into this before.  Basically, Citi bank sold the lien to Uni Mortgage but no one has a record of who it belongs to.  The lien is 4K, the amount is not a deal breaker on the purchase but the legal semantics could be.  The lawyer says he is comfortable that we will get the release on the lien??  Anyone have any advice on this?  

Thank you, 

Terry

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