Shortsale and Attorney Liens

By
Real Estate Agent with Allison James Estates & Homes 01079287

 

 

   I was half way thru the SS process when low and behold  an Attorny Lien actually two from the same showed up. They were filed for a deficent on a business loan gone bad. The owner has no money and my buyers want his house. Long story short the first and second are almost ready to sign a written approval but of course the Atty will not release. So if some one has any ideas on how to deal with the Atty liens, please contact me other wise I guess the house will go in to TD sale. I have offered $1000 out of my commission but he laughed. I guess he will have fun trying to get blood out of a rock!!

 

  Any ideas would be grateful!

 

 

Posted by

Realtor simple guideline to guesstimate a Homes values! Comparing apples with oranges? How to set values for embellishments? Do you think the old adage of Value equals Location, Location, Location, is true? Views, Pools, special interest additions can add desirability, and then Granite Counters, Travertine flooring, condition, square footage and any embellishments, upgrades, updates you can add to a property is worth 60-70% of the cost. This value will also be depreciated over time. Example would you consider if a twenty year old solid oak cabinette's
value even in good condition is equal in value to cabinets in the newer current color, or are they? Objective would be desirability.

Location is the basis for value. Like Homes within a one mile radius share values, and can be evaluated by sales per square foot within the last 3+ months. Pulses

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Rainmaker
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Tere Rice

First Time Home Buyers, VA Buyers, Horse Ranches,
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