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Judgements and Liens?
Hey BP Community,
I am getting ready to bid on an online foreclosure auctioned home and noticed a couple of judgements and liens against the home. I would appreciate any advice or guidance on how to assess the risk of these. I have never purchased a property with liens against it. The details are as follows:
Judgements and Liens:
1. Holder: Asset Acceptance, LLC Dated: April 02, 2008
Book: 81 Page: 178 Amount of lien: $2,073.44
2. Holder: Cobb Hospital, Inc. Dated: October 14, 2008
Book: 90 Page: 18 Amount of lien: $3,886.83
3. Holder: American Express Centurion Bank Dated: January 04, 2011 Book: 122 Page: 50 Amount of lien: $6,666.29
There are no Open Bankruptcies found.
What should I be aware of? Concerned with? What do I eed to factor into the equation when bidding on this property. The bidding begins tomorrow and ends in 3 days so any advice or guidance is greatly appreciated.
Thanks!