How Do I Remove A Surprise Lien On A Bellevue Short Sale?

By
Real Estate Agent with Homes Northwest

Bellevue WA – The Stop Foreclosure Institute recently received a question from James. Here is his question.

“Do you have any suggestions on a surprise lien from a Water Softener company? We were able to get Bank of America to approve the short sale without paying the lien.

It could take another 60 days for Bank of America to agree to pay the lien. The buyers don’t want to wait that long. Is there anything we can do? James.”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here is the answer to James’s Question.

Yes, you can get rid of it. But, it will take time.

Option #1: Many states have laws that allow a homeowner to remove liens if the property is their homestead.

For example, Florida has a law that enables the seller to file to release the lien thru homestead. I don’t remember the exact legal name.

The seller files something and the lien automatically goes away in 45 days. The only reason it wouldn’t go away is if the lien holder contests it.

An agent I know in Florida has used it against one of the best debt collection lawyers in the state. Ask your title company for help. Click HERE to continue reading.

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Topic:
Real Estate Market Trends
Location:
Washington King County Bellevue
Groups:
Short Sales Specialists
REO's & Short Sales
Short Sale
Tags:
bank of america short sale
bank of america
negotiations
paul nelson
nelsons town and country
avoid foreclosure
bellevue short sale
bellevue short sale specialist

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