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Updated over 8 years ago, 03/21/2016

User Stats

102
Posts
13
Votes
Ricky Butler
  • Real Estate Investor
  • Montclair, NJ
13
Votes |
102
Posts

Lien Limbo

Ricky Butler
  • Real Estate Investor
  • Montclair, NJ
Posted

My wife located a property that we found out was owned by a local municipality. We went to the town and as it appears the town does in fact own this property at present. However, this property was sold to an investor back in 2012 at a town auction but couldn't close due to the above referenced lien issue. My question is; Is it possible to negotiate with that investor who's now in lien limbo, if we and/ or the town could somehow satisfy or resolve the lien issue?

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