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Can a lien on a home be transferred to heir?
The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.The lien isn't transferred to the heir- it remains a lien on the inherited real estate, which cannot be sold or refinanced until the lien is paid.
Can a home be refinanced in the husband's name only to pay-off the wife's bankruptcy so they can buy a new home?
If the property is jointly titled it would have to be retitled according to state statutes. If a lien has been placed against the property the property cannot be retitled, sold, or refinanced until the lien is satisfied.
How do you put a lien on home in California?
How do you put a lien on a house in California?
If you have huge unpaid credit card balances and own a house with someone else but they do not know about the debt will this affect them in any way?
If the debt collection agency chooses to sue and place a lien on the home then yes it would effect the house if it is ever sold or refinanced.
What if a lien is on your house?
You can not sell your house or if you die your home will go to the people who have a lien on your home.The best thing to do is to pay off the lien which is usually someone or a bank you owe money.
Can a landlord collect rent if his house has a lien on it?
OF course! Its still his house..and your still there renting it! Whether someone puts a lien on his home is none of your business!
In Ohio can credit card companies put a lien on your home?
They can put a lien on your house if they have obtained a judgment against you. Then, when you sell your house, you will have to pay them first.
What happens when a lien is placed on your real property?
Your property cannot be sold or refinanced until the lien is paid. In the case of a judgment lien, income tax lien or lien for property taxes you should be aware that interest accrues rapidly on unpaid amounts due.
Can a parent who gave you a gift down payment on home with letter stating gift to original mortgage co since refinanced 4 times and no copy of gift letter kept or able to get put a lien on home?
If this was a true "gift" then that would mean no repayment. I would say it is highly unlikely that a lien can be put on the home.
What happens when a lien is purchased on a house?
What do you mean? Did you purchase a home that has a lien on it? If so, you do not have a clear title to your home and the lien holder can take posession of your property. A lien should be paid off prior to completing a sale of a property. Good Luck
How does one sell his or her home on which the IRS has placed a lien?
To sell your home, you put a FOR SALE sign out front. If the value of the lien is less than what you will get out of the house, then when you sell the house and pay off the lien, you get the rest of the money. If the lien is for more than the house is worth and you are ready to move elsewhere, you hand the keys to the IRS and say. "Here, have fun. It is all yours." At that point you owe more on the house than the house is worth.
If a credit card company has a judgment on you in Tennessee can they take your home if you own it?
no,,,,,,but they can put a lien on it,,,and when you sell your house,,it has to pay the lien amount,,,before you get any money from the house.
