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Can a lien be put on your spouses home if your names not on the mortgage?
Wiki User
∙ 11y ago
Yes.
Wiki User
∙ 11y ago
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Can a lien be put on your home if you have no mortgage?
Yes, a lien is put on your home because you have liability and it doesn't matter whether you have mortgage or not.
Are both spouses responsible for a government lien on a house if only one of their names is on the house?
Both spouses are responsible for the DEBT represented by the lien, but the lien can only attach to the interest of whoever is actually on title to the property.
Does using your home for collateral put a lien on your home?
Yes. The lien created by using your home as security for a loan is called a mortgage.
Refinance your mortgage if you owe back taxes?
Do you have a lien on your home? If a lien is placed on your home, you will not be able to refinance to pay back taxes.
Can a second mortgage put a lien on a home that is not foreclosed but I owned as a primary home however since foreclosure the first mortgage was paid its full amount and the second mortgage nothing?
A second mortgage already has a lien on the home. If you don't pay the second mortgage they will foreclose and take the home. By paying off the first mortgage you just make it easier for the bank to get their money back out of the property when they sell it.
Can a home owner's association foreclose on a home?
If they hold a mortgage or a lien on the property. Home owner's associations often have required dues and if they are not paid, a lien can be placed on the property.
Is homeowners insurance mandatory in Missouri?
It is only mandatory if you have a mortgage or lien on the home.
Can a mortgage company release a lien on your home and you own it free and clear?
yes
If you sold your home and did not sell for enough to pay the first and second mortgage what happens to the second mortgage lien?
Was the 2nd lien included in and discharged in your bankruptcy? If not, then that lien still encumbers the title to the property and is probably a debt you still owe.
If you foreclose on your home and proceeds are not enough to pay the first and second mortgage what happens to the second mortgage lien?
You still owe the money to the mortgage provider.
When a mortgage is forclosed with federal tax lien does the lien get paid prior to mortgage?
yes
What is the difference between a first lien and second lien mortgage underwriting process?
A second lien mortgage occurs when a lender is willing to impose a lien on an asset that already carries a lien with another creditor. An example of a second lien mortgage is a second mortgage being taking out for property. If a person does not make payments to either lender, the first mortgage is settled before the second mortgage can be settled,
