If a property being auctioned by Bank foreclosure has a lien, will the lien be paid?

Sicboy
Both Buyer and Seller
Lakewood, WA

I put a lien on a property for materials and labor. I found out it is has been foreclosed and the bank is autioning the house in a few days.

Answers (2)
Jim Swanson
Agent
Tacoma, WA

Kary has extremely good advice. You are asking legal advice from a community of real estate agents, and we are not legally able to aid you with this sort of question. Unofficially, I suspect you will have to go after the person that owes you the money without the leverage of the home.

All the best!

Thu Oct 29 2009, 11:14
Kary L. Krismer
Agent
Renton, WA
FIRST ANSWER

This is actually a very complicated question (or at least the answer is), and you really need an attorney to help you on this assuming your lien is for a significant amount of money. I'd also warn you that enforcing your lien has some strict requirements, including time requirements, and that would be another reason to see an attorney ASAP.

Thu Oct 29 2009, 10:40

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