Upcoming Foreclosures

Can you file a lien on a bank owned property?

We did some painting on a foreclosed property and now the bank wont pay us. The bank is the one that gave the instructions to paint. House is in Fort Worth TX and the bank is in Fl.

Public Comments

1. you will have to sue the bank for payment and yes you can place a lien but it will do no good as most junior liens will be dismissed when the property is sold.
2. sue/place lien. no clear title
3. YOU ARE OUT OF LUCK! BANLKS ALWAYS WIN
4. Presuming foreclosure is completed and the bank is the title holder, then they're treated like any other home owner. You will have to ascertain in which state to file the lien. In Florida there are certain procedures to follow and time constraints. Google mechanics lien in both states. realtor.sailor
5. An REO is a bank owned property. If the bank or their agent hired you to do any repairs on the REO then file the lien in the county and judicial district where the property is located. Handle this the same way you would handle any other kind of mechanics lien. When the bank gets around selling the property you will get your money if you file the lien. Banks are hording cash right now. The Florida location of the bank doesn't matter. What matters is where the property is located. That's what determines where the legal jurisdiction belongs. In my state liens must be filed within 90 days after the work is completed or halted.