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How long does it take for your city to put a lien on your house for no tax payment?
Wiki User
∙ 12y ago
It depends, because there is no definitive time-frame.
The tax agency truly tries to avoid seizure in the form of taking real or personal property from a delinquent taxpayer. However, if a delinquent taxpayer ignores a lien and subsequent correspondence and contact with the them, often seizures on bank accounts, accounts receivables or wages (also known as levies and garnishments) can start within weeks or months. In fact levies and garnishments can take place prior to a lien ever being filed.
Wiki User
∙ 12y ago
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Can a notary working for a person with a lien against there house notary for them?
Notarization has nothing to do with a house lien. As long as they are serving as a notary and being truthful there is no reason not to.
How long does a house lien last on the house before it is dropped?
Until the money that is owed is paid.
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.
Can you sell off acreage if it is on a lien I own 40 acres the house is on 20 acres and the other 20 acres is plotted ready to sell can I sell off the 20 acres?
The property is subject to a lien. The question isn't whether you can sell it. The problem is that the buyer won't buy the property as long as there's a lien on it. Your attorney will need to negotiate a partial release or a full release with the lienholder if you will pay off the lien, or half of the lien, out of the proceeds from the sale of the 20 acres. If you don't pay the lien in full and the lienholder agrees to a partial payment then the lien will still be an encumbrance on your remaining property.
When you pay off a tax lien does it reduce your credit score?
PAYING a tax lien has no effect on your credit. What would affect your credit score would be to have the lien released. This is the legal disposition to a lien. Have the release recorded at the same courthouse and send the proof of payment and the release to the credit bureaus. Tax liens have no statute of limitations for how long they can show on your credit report. Having the release recorded and shown on your credit triggers the 7 year countdown for when these public records will be shielded. According to Experian the payment of a tax lien, (which do in fact have statute of limitations of 7 years from the date of payment)payment of a tax lien and the subsequent reporting of the release WILL have a negative effect on your credit score. The logic in the world of credit scoring is this; Once a payment has been made on an old account, this constitutes "activity" on a derogatory credit entry. Recent activity on a derogatory account (even though payment should be considered "good") is considered a negative when computing scores.
Can you sell a vehicle with a lien on the title?
Legally No. How can you sell something you do not own. As long as there is a lien, you do not own the vehicle outright. Go see the lender and get a lien release, if you no longer have a loan on the vehicle. Remember the lender is part owner of the vehicle until you make that last payment. If you clear the lien buy using the proceeds from the sale, you can guarantee a title within 30 days (required by law) to the new buyer. The lien holder will then release the title.
How long do you get to pay off a house?
depends on how long ur payment setup is...it could take up to 10years-30years.
How long can a lien be placed on a house or other asset due to an unpaid medical bill?
A judgment lien is good for around 20 years in most jurisdictions. It must be rerecorded every six years in Massachusetts.
How long does an HOA in Florida have to release a lien after payment?
If you paid a lien, you can work with the attorney who filed it to obtain its release. A release document is required, plus there will be filing fees to file the release. The association may expect that you'll pursue release: you can request the procedure from the board or the association manager.
Find a House With No Money Down?
If you thought that you could not buy a house with no money down, you would be wrong. There are ways to get around paying a down payment for a house if you know where to look. Find a home that has been on the market for a long period of time. The realtor will sometimes not require a down payment just to get the house sold. Homes that are sold by individuals are more likely to not require a down payment.
A divorce in Michigan. Attorney had a lien on our home how long does it stay on the property?
Until the lien is paid.
How long will a lien last on a condominium in Florida?
Generally, liens for non-payment of assessments remain on the title to the property indefinitely and can be reflected in the owner's credit report. A lien placed on the title by a contractor may have different parameters that one placed on the title by the condominium association. Your best answer will be given to you by an association-savvy attorney after you present a copy of the lien for an explanation.
