Sell as-is
The comps · Mid-century modern, comparable view
Sold in the last 12 months
Mechanic lien(s)
In litigation
To sell before settlement, the liens get handled at closing one of two ways.
Pay in full. The liens are paid off from the sale.
Escrow 150%. A possible workaround from our escrow officer. 150% of the lien amount is held in escrow until the dispute is resolved, by settlement or court ruling.
Your attorney will tell us the path of least resistance, or if there are additional workarounds.
Net sheet
| Line | At $1.3M | At $1.5M |
|---|
Escrow fees and tax prorations are not factored in.
Renovate, then sell
The comp
Sold in the last 12 months
Net sheet
| Line | Conservative · $2.3M | High end · $2.5M |
|---|
No mechanic lien(s) on this path. They'd be worked out through litigation and removed as a lien. Escrow fees and tax prorations are not factored in.
Next step
Talk with your attorney about the escrow workaround on the mechanic lien(s).