QUESTION
lien on property prohibits refinance
Asked on Mar 11th, 2013 on Residential Real Estate - Florida
More details to this question:
during the process of refinancing my condo through HARP it was discovered that a roofing company has put a lien on the condo association for costs incurred with replacing roof my bank has stopped the refinancing because of this lien What can be done to restart the Harp refinance
1 ANSWER
Asset Protection Attorney serving Vero Beach, FL
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Charles H. Sanford Law Offices P.L.
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Have Condo ass'n clear the liens. Note: Condo Ass'ns without adequate reserves are typically rejected by bank underwriting so clearing the lien might not work.
Answered on Mar 12th, 2013 at 11:22 AM