...... Filing mechanics liens on the properties that you have done the search on. Here in NY one must serve a notice on the homeowner. This notice has to be within a certain time period from the filing of the lien. The purpose of the notice is to make the homeowner aware of it.
Yes I know that title companies will probably pass on it. However it brings attention to the deadbeat companies. Most homeowners will call the lender or thier attorney (if they used one) questioning this. What will they be told.... This will bring attention to the deadbeats and might get them to pay up.
Think about it...they send out the mortgage to be filed and a bringdown is done and a lien is turned up against the company...........
mechanics lien definition, A lien created by statute for the purpose of securing priority of payment for the price or value of work..............
Not the whole definition however...
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