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You may make a purchase offer...usually good for a no. of days...but that's not a lien...till its accepted and signed...
which leads to a purchase contract.
otherwise,... less you are a debitor on that house ??
consult pro. help
A lien is a legal instrument used to encumber real property for debt owed.
Liens are obtained by the executing of a lawsuit judgment against the debtor.
A Mechanic's Lien is used to collect monies owed for repairs or improvement of property. Such a lien can be filed at the city or county recorder's office without the need of a lawsuit.
What else can I help you with?
Can a house be taken back by the banck after a tax lien sale?
There are some excellent programs and books out there that will provide you with an answer to this question. (http://tax-sale-lien-reviews.com)
Selling grandmothers house with a lean on it?
The lien will need to be paid from the proceeds of the sale.
Does a lien on your house force selling your home?
No. Every mortgage is secured by a lien. The lien only ensures that the lien holder is reimbursed upon sale of the property. There can actually be several lien holders on a single property, and each will be paid in turn.
How long is a property lien for in New Mexico?
The lien stays with the property until it is paid. You cannot sell a car or a house, for instance, until the lien is paid and you have clear title. Usually the lien on a house is paid for at closing, either from the proceeds of the sale or money that you bring to the table.
What is a civil lien and how does it affect the sale of a home?
a civil lien can be put on property for nonpayment of any liabilities owed,but only after a judgment from a lawsuit ordered by the judge to pay. you can resolve the lien by paying the judgment in full or filing for bankruptcy. the civil lien will last for 10 years & can be renewed. if lien is in place during ownership of property, lien will be satisfied up sale of house in escrow.
How do you get your lien paid when a homeowner sells his house?
The title company handling escrow and the documents should see the lien, which should be recorded, when they do the title search. When the sale goes through, the amount of the lien will be included in the settlement. If there will not be enough money, the debtor should be required to pay the lien and present a paid receipt for it. Possibly you could do a little research if you are aware of the sale of the house and call the title company to be certain that the lien has been found.
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.
What does is mean to have a lien on ones property and tenets?
A lien is a security interest in the property. A lien might arise from a loan. If you buy a car with the bank's money the bank will put a lien on the car. If you don't pay the bank back, it can foreclose on its lien and take the car from you. If you have a roofer add a new roof to your house, and you don't pay him, the laws allow the roofer to put a lien on your house. The roofer now has a stake in the house. If you don't pay off the lien your house can be forcibly put up for sale in order to satisfy the lien. I believe "property and tenets" translates into modern speak as "property and belongings".
How can you sell an ATV with a lien on it?
Pay off the lien with the proceeds of the sale.
If your husband's bank put a lien on your house with his name on it how does it affect the wife and child who live there when you are in the process of selling the house?
The lien could be satisfied from the proceeds of the sale, if there are any. Answer Are you selling the Baby too? Just kidding. If you are trying to sell the house and there is a lien on it there may be a problem. Quite possibly it will need to be paid before the sale can close. You may want to lower the price of your home to get it sold quickly but also get in touch with your title company to make sure they are aware of this.
Can you sell your house if you have a judgment lien against you that is not associated with the house?
Generally, in some states a judgment lien affects all the property owned by the defendant in the county where the lien has been recorded in the land records. Once recorded it prevents the sale or mortgage of any real property owned by the debtor. However, in other jurisdictions a specific property must be listed in the body of the lien. In either case, the lien will be reported as part of a title examination ordered by the buyer's attorney. The attorney will need to verify that the lien doesn't affect the property to be purchased and the sale will proceed. However, if there is no clearcut confirmation that the house property is not affected, the buyer's attorney and buyer's bank will insist the lien be paid off.
After lien put on home 7 months ago from a default judgment is it time to leave or stay?
Not necessarily: if a lien is placed against a home this means that if the house is ever sold within a particular time then the amount of the lien must be taken from the sale of the home to satisfy the lien. In most states the home in which the debtor lives is exempted from being forcibly sold (Sheriff's sale). This is called a homestead exemption.
