Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

12
Posts
2
Votes
David F.
  • Far Rockaway, NY
2
Votes |
12
Posts

Liens on Property

David F.
  • Far Rockaway, NY
Posted

Hi all!

I'm a newbie, have not gotten my feet wet yet, I'm looking at a auction property and I notice on the title info a number of liens as such:

JUDGMENT AND LIEN INFORMATION
1. Company requires evidence of the Dismissal or Completion of Foreclosure
2. Judgment filed by and recorded on December 9, 2009 in (instrument) CEC 090011805, of the official property records of SUFFOLK County, NEW YORK against SLOMINS INC in the amount of $ 2,150.69.
3. Judgment filed by and recorded on June 30, 2010 in (instrument) SMC 100003674, of the official property records of SUFFOLK County, NEW YORK against MIDLAND FUNDING LLC in the amount of $ 3,017.98.
4. Judgment filed by and recorded on May 24, 2011 in (instrument) CEC 100011991, of the official property records of SUFFOLK County, NEW YORK against CACH LLC in the amount of $ 4,918.03.
5. Judgment filed by and recorded on June 8, 2011 in (instrument) BAC 090004211, of the official property records of SUFFOLK County, NEW YORK against DISCOVER BANK in the amount of $ 8,394.47.
6. Judgment filed by and recorded on January 18, 2013 in (instrument) BAC 120000633, of the official property records of SUFFOLK County, NEW YORK against GE CAPITAL LVNV FUNDING LLC in the amount of $ 7,325.50.
7. Judgment filed by and recorded on January 14, 2014 in (instrument) CV 05119912 BA, of the official property records of SUFFOLK County, NEW YORK against PORTFOLIO RECOVERY ASSOCIATES LLC in the amount of $ 1,244.74.
8. Judgment filed by and recorded on September 16, 2014 in (instrument) 14 18154, of the official property records of SUFFOLK County, NEW YORK against WORKERS COMPENSATION BOARD OF THE STATE OF NEW YORK in the amount of $ 82,000.00.
9. Judgment filed by and recorded on February 26, 2015 in (instrument) CV00716610 CE, of the official property records of SUFFOLK County, NEW YORK against LR CREDIT 21 LLC in the amount of $ 7,585.27.
10. Judgment filed by and recorded on June 12, 2015 in (instrument) S14-000369348, of the official property records of SUFFOLK County, NEW YORK against CLERK OF THE SUFFOLK COUNTY TRAFFIC AND PARKING VIOLATIONS AGENCY in the amount of $ 105.00

Does all this mean that the property and buyer would be liable to upwards of $120k due to the liens?

Thanks!

Loading replies...