You might think you already know about any liens on a property you already own. However, the fact is they can lurk beneath your radar and pop up at the most inopportune times. Like when you’re getting ...
A lien is a legal right, or claim, to your property acquired by a creditor. The purpose of a lien is to hold a property item — it doesn’t have to be a house — as collateral for a loan or debt. If you ...
A property lien can be either general or specific and voluntary or involuntary. A mortgage lien is a specific, voluntary lien. The priority of the liens on a property determines which debt will be ...
Anyone who has been through a real estate transaction knows there can be hiccups along the way. While the professionals try their hardest to minimize surprises, sometimes they’re simply unavoidable.