Knowing the lien holder pecking order

Lien holders all lay claim to a property, but all liens are not created equal. By assessing the strength of each lien holder's position in line for receiving payment, you place yourself in a superior position to negotiate. Think of lien holder positions as the value of each card in a deck of playing cards 1 Ace The property tax collector generally holds the Ace, because foreclosure can wipe out all other liens except the property tax lien. If you can purchase the tax lien, you almost always...