Negotiating an existing tax lien

[Terry Royce]

Ok, I have a property under contract directly from a company who buys REO loan pools. They allow me to wholesale them since they are based out of state.

This particular property had the tax lien sell, and an asset group bought it. They have not fully foreclosed yet. However, the amount for the payoff is higher than my purchase price and assignment.

Does anyone have experience negotiating down these things or dealing with companies? This house is in a really crappy area, so hopefully the asset company will be willing to take a low amount.

Advice appreciated.