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How can you find out how much a lien is on a home?

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2008-05-11 14:17:43
2008-05-11 14:17:43

== == A lien is registered either at the county or State level, and it prevents a property from being sold until the amount of the lien is paid off in full to the lienholder. By doing a lien search, you can find out the amount of the lien, and who holds it.

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You get a lien service to check the numbers.

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No a home with a lien on it cannot be sold. A lien gives first right to the property to the creditor.

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Yes. The lien will be enforced when the home is sold.

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Pay off the lien.Pay off the lien.Pay off the lien.Pay off the lien.

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Yes, a creditor can definitely place a lien on someone's home. In fact, a lien can be placed on anything that the individual owns.

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If they get a judgement, yes they can do that. And as long as the lien as valid, when the home is sold, the proceeds have to be used to clear the lien and mortgage.

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If a foreclosure is necessary for a 2nd home, will a lien be put on the first home?

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A lien on the title to your home clouds the title -- indicates that there are monies due based on the lien -- so a future transaction will involve the lien. The lien may also be shown on your credit report.

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You can put a lien on any property of his you can find anywhere, if local court rules permit it.

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You get it checked by a service or a notary. This is a common process of buying one in Canada.


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