How to Buy Property Without Paying Off Lien
One can create a lien on any real property owned by a debtor by registering the judgment with the Land Records Office in any County in which the debtor holds their assets. When large assets or property serve as the collateral for all of the judgments purchased, if the debtor refuses to pay off the lien, one can foreclose on them. From there, one can legally sell any owned property at Fair Market Value to get paid on the face-value of the lien + interest (and one can even keep 100% of the sale price profits with a Deed in Lieu of Foreclosure). In fact, it can even be kept as a very profitable rental with a Deed in Lieu of Foreclosure. To restate, one is paid the full value of the lien, including interest, not just what was originally paid for it!
NOTE: A judgment recorded by land records will attach to all the property the named debtor owns within that County; however, if they own property in more than one County, it must also be recorded in the other Counties’ Land Records department.
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