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Updated over 4 years ago on . Most recent reply
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Bogus Contractor Lien
We have a property that went under contract to sell and during title, they discovered an "affidavit of lien" that was filed by a contractor whom we fired. His lien claim is for work he didn't do. Right now the attorney is telling me that fighting it would take 3 months or so. Anyone know of a faster way to clear it? I've already offered to just pay him off a lower amount but he won't budge, knows it is BS, but is extorting me for the the full amount because he knows I can't sell until it is cleared.
Most Popular Reply
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If you are trying to sell the property you could see if you could escrow the estimated payoff (even if bogus) and deal with the release issue post-sale. Need to get your title company on board.