LAWSUIT TO FORECLOSE LIEN
Example 1: You perform substantial renovation work on a property worth $300,000. You are owed $100,000. At the sale, there is fierce bidding, but the proud owner is able to buy the property for $200,000. Title is transferred to that bidder, and after costs of sale, you get $100,000 and the previous owner gets the other $100,000. ................
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