Has anyone successfully negotiated a CC judgement down? We routinely come across properties with deceased owners with CC judgements that are 20+ years old, but the CC company has refiled every 5 years so they're enforceable. We're looking at one now with 2 judgements from Captial One that were first filed in 2008 at $800 and $1000 with 24.9% interest, so they're huge now (we're in Ohio).

Hello everyone! P - SFH in central OH E - $120-130k T - held by 7 heirs via CT, probate completed 2024 I - 7 heirs, 1 is a hold out purely out of spite. Working with 1 heir who is running the show T - a.) affidavits of interest recorded in last few years - heirs tried to sell to wholesalers several times but were stopped by the hold out. My county treats these affidavits as a valid cloud on title and we will have to negotiate with the aff holders to release b.) active tax foreclosure with payoff amount $16,500, still have months and months until auction c.) 7th heir is uncooperative, but may deal with me. If not, we would partition and walk away with 6/7 of proceeds so not a huge issue O - Purchase 6/7 interest for $12,000, pay taxes, strip affidavits, walk away with $80-90k We've emailed back and forth with the point person several times. I've explained how the process would work ($2k each in exchange for a signed deed and COA purchase agreement), and what our risk looks like. Now she is, in a very polite way, wanting to know how much money we would make if we solve the problems that have prevented them from monetizing the property. Her latest response is attached. They last tried to sell the property for $73k, so they have that expectation set. We're curious how everyone likes to respond to sellers like this one? TIA

Now a giant Wholesaler is pushing this...no bueno. I know they won't understand how to do this, just sucks that our leads are gonna get blasted by wholesalers now who don't know what they're doing

When you combine both Curative + Creative, it takes fewer transactions to create financial freedom. These proceeds are tax free. I’ll dive into this more in Summer School.

We haven't really dove into it. We are mostly working through local court and property records.