I could really use some help. I have a client that has 2 judgments that need to be released so that her short sale can be completed. What is the best & fastest, as time is of the essence, way to get them to release them. One is Capital One but it is with a lawyer (about $2K) and the other is with an apartment complex management company (about $4.5K).
My client has absolutely no money & doesn't work. I know that I need to get them to sign a Release of Land from Judgment Lien but how do I get them to do that when I have nothing to offer them? This property is located in Minnesota.
Please Help!! Tenative closing is October 10th but approved out until October 24th.
Old or not, this thread reinforces my opinion that we all MUST do title searches (including judgement search) at the outset of taking these listings.
It seems that no matter how many times I ask a seller "do you have any judgements or liens other than your mortgage". The response is always "none that I know of..." and the final result ends up like this.
I see this as a learning opportunity.