Posted on: 18th Nov, 2010 09:30 pm
I am in the process of purchasing a short sale home in Florida. Upon the inspection, the home has about 2200.00 in repairs that the lender wants to be fixed prior to closing. The sellers turned the home over to the bank and do not have any funds and do not want to put any repairs into the home. Bottom line, I will not get the loan, if these repairs are not done.
So my question is, If the closing does not go through, Can I put a lein on the home for these repairs that I paid the contractor to fix? I know there are differenct types of liens,---- mechanical, contractor, construction,
So If I pay a contractor to fix the repairs, what kind of lien can I file in Florida if the closing never happens?
I appreciate any advice.
So my question is, If the closing does not go through, Can I put a lein on the home for these repairs that I paid the contractor to fix? I know there are differenct types of liens,---- mechanical, contractor, construction,
So If I pay a contractor to fix the repairs, what kind of lien can I file in Florida if the closing never happens?
I appreciate any advice.
Hi Di,
I don't think the concept of lien will arise here. If you do not buy the property, you won't be able to place a lien on the property. If you buy the property and appoint a contractor for repairing it and if he repairs it on time, then there is no need to place a lien on the property.
Thanks,
Jerry
I don't think the concept of lien will arise here. If you do not buy the property, you won't be able to place a lien on the property. If you buy the property and appoint a contractor for repairing it and if he repairs it on time, then there is no need to place a lien on the property.
Thanks,
Jerry