Questions about buying short sale with liens?
I put an offer on a short sale, it was accepted rather quickly, appraisal was done, all paperwork was signed the only thing left was to wait on a close date from the title company. 10 days ago I found out there was liens on the home. 3 liens city taxes, water and sewer bills totally about 11k. The listing agent seems fairly confident the bank will pay them and said to give him about two weeks, I believe he is being optimistic. I am not a very patient person and can't take it anymore and had to ask SOMEONE if they think the bank will pay?I offered 79k, the home was appraised at 80k and I believe the previous owners owed 100 and something ? I am going through the first time home buyers program if this is of any assistance. Thanks so much!