Liens on pre-sale homes - REO Property Preservation Forum
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post #1 of 11 (permalink) Old 12-03-2012, 05:43 PM Thread Starter
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Liens on pre-sale homes

There is a slight chance I may have to put some liens for non-payment on some properties. Liening a post-sale/REO property would be pretty straightforward, but have any of you had a situation in which you had to lien a pre-sale property?

I will probably contact the national before I lien them(jobs through a regional), but I am unsure if I would want to get into the mess of liening a pre-sale since the home is still in the homeowners name.
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post #2 of 11 (permalink) Old 12-03-2012, 06:13 PM
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Originally Posted by SwiftRes View Post
There is a slight chance I may have to put some liens for non-payment on some properties. Liening a post-sale/REO property would be pretty straightforward, but have any of you had a situation in which you had to lien a pre-sale property?

I will probably contact the national before I lien them(jobs through a regional), but I am unsure if I would want to get into the mess of liening a pre-sale since the home is still in the homeowners name.
Interesting post.
A couple of questions come to mind. When is the sale date? When was the work in question completed?

Iíve already told you more than I know.
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post #3 of 11 (permalink) Old 12-03-2012, 07:06 PM
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Go to the National first,give them 2 weeks to get your money.. then Lien it,then post at every P&P,ROE site the name of the Company.Dont tell the regoinal what your doing.Dont forget to post at Ripoff Report and Linkedin.

Good luck.
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post #4 of 11 (permalink) Old 12-03-2012, 07:12 PM
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Usually the threat of a lien is good enough, I have never actually had to file.
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post #5 of 11 (permalink) Old 12-03-2012, 07:25 PM
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I've only had to lien one house and as soon it at was filed the bank was calling me to work it out, worth the time and effort and the $20.

When you do it with a national or regional it will usually end the relationship
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post #6 of 11 (permalink) Old 12-03-2012, 07:59 PM Thread Starter
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Interesting post.
A couple of questions come to mind. When is the sale date? When was the work in question completed?
A mix of times. Some have probably went to sheriff sale by now, some probably don't have dates even set yet. Work was completed 30-120 days ago.
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post #7 of 11 (permalink) Old 12-03-2012, 11:01 PM
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Pre-sale leins are risky. If the mortgage company files a writ for removal of lein it will be removed due to signed contract by homeowner. I never had a problem filing them...multiple times and the Mortgage Co would call and ask for it removed--of course but only after payment in full. Be sure to have the lein served on the Mortgage Co AND copy to the Service Company.
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post #8 of 11 (permalink) Old 12-03-2012, 11:52 PM
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Yeah I'm going to agree with the others..if you mention lien they will stop sending you work.
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post #9 of 11 (permalink) Old 12-03-2012, 11:58 PM
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Quote:
Originally Posted by Zuse View Post
Go to the National first,give them 2 weeks to get your money.. then Lien it,then post at every P&P,ROE site the name of the Company.Dont tell the regoinal what your doing.Dont forget to post at Ripoff Report and Linkedin.

Good luck.




I'd never give them 2 weeks.

In today's high paced environment 5 business days is plenty of time for these clowns to get some action.

Professionals are people who can do their job when they don't feel like it.
Amateurs are people that can't do their job even when they do feel like it.
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post #10 of 11 (permalink) Old 12-04-2012, 10:50 AM Thread Starter
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Yeah I'm going to agree with the others..if you mention lien they will stop sending you work.
Fine with me. I don't want to have to fight constantly for my money.
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