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Updated over 2 years ago on . Most recent reply
HELP!!! I just found out that my 12 unit condo building has lien
Posted less than a minute ago
A 12 unit condo buidling i own has City of CS liens over $6,000,000, the liens are on the Hoa, not on the individual units. This is about 2x as much as the entire buidling is worth.
I did try to negotiate with the city but since those liens have been there for so long, they would not budge. This is in the city of Coral springs.
it is now going to be close to impossible to sell these units. Any ideas? Would love to exit this investment while market is hot.
Gio
Most Popular Reply
@Giovanni Cortes I am thinking your best move is to consult a lawyer. What are the liens for and why wasn't this picked up when you purchased the building? Of did you incur city fines that you did not address? More info and people can probably share if they have had success negotiating in similar situations.