Removing Liens in Florida

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Hi All,

I'm hoping someone might have resources or recommendations on the process to negotiate and remove an existing mortgage lien on a property in Florida. I requested a payoff statement from the lien holder and the payoff amount is well over market value - they are asking for 170k in past due interest from the previous owner who is deceased. I'm trying to negotiate the payoff down because my goal is to keep this property as an investment property to rent or flip, which would make sense if the payoff amount were the principal due only. However, the requested payoff amount from the bank is so high it would make more sense to walk away. I've spoken with a title agent and am awaiting a consult with an attorney but figured I'd reach out to the BP community to see if you all have experience in this area. Any insights on negotiating tactics and the consequences/options of not paying off existing liens is much appreciated.