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Updated over 7 years ago, 08/09/2017

User Stats

156
Posts
141
Votes
Tatiana Gershanovich
  • Real Estate Investor
  • Seattle, WA
141
Votes |
156
Posts

State Department of Revenue Lien Mitigation/Aquisition

Tatiana Gershanovich
  • Real Estate Investor
  • Seattle, WA
Posted

There is a property that we want to acquire. It has a Department of Revenue lien (on a junior position) that brings our cost of acquisition higher that we want to pay for the property. First position lien holder started a foreclosure process. If it goes to the auction DoR lien will be wiped out.

Does anybody have a strategy for negotiation with the Department of Revenue or buying their lien at deep discount?

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