Help with liens prior to listing

My short sale sellers have cleaned up some credit card liens on the house, but one stubborn company won't budge.  We usually will not list prior to these liens being paid or at least removed from the home. We know the lenders won't pay (about 12k).  Anyone have experience with this or any advice or workaround?  Thanks!

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Permalink Reply by Bryant Tutas on January 9, 2013 at 2:06am

If there are liens that you know the lender won't pay then just place in the MLS and contract that the buyer will pay them. I've dope this with success many times.

Permalink Reply by Wendy Martin on January 10, 2013 at 9:48am

Thanks guys!   Bryant, what is the language you are using on the MLS and contract?  We don't see a lot of  lien pay-off language here in Oregon.  And since Realtors in the NW are still getting therapy for their fear of Short Sales, I don't wanna scare anybody. Realy appreciate the assist!

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