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There is no way to remove a lien from your property unless you pay it in full. If you are planning on doing that you would contact the creditor of whom the lien is from.
YES THERE IS: As every law there is always a loop pole!
Depending on the lien and where you live. Under construction liens, depending on your state and their Statue of limitation, courts require the lien claimant the obligation of moving its lien claim along even after the lien is preserved and perfected.
If a trial date is not obtained or if a lien action is not set down for trial in which a lien may be enforced within two years from the date of the commencement of the action, the perfected lien expires.
Also, don't feel that you can't renew your mortgage without paying out a contractor, you can renew with the current mortgage company without actually having to reapply for a mortgage etc, that is when the contractor is able to get paid without proving anything.
So if you know that your contractor doesn't have $25K to go to court wait them out, especially if your damages equate to the lien value. However, if you owe them pay them.
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Can you sell dirt off property with a tax lien on it?
YEP!
Can you sell a property lien?
You must pay off the lien and record a release in the land records.You must pay off the lien and record a release in the land records.You must pay off the lien and record a release in the land records.You must pay off the lien and record a release in the land records.
Can a seller transfer a deed to the buyer if a federal tax lien is against the property and can the property be settled?
NO. You cannot transfer the ownership of the property UNTIL the lien is paid off, in full.
Lien filed against you but no property If you now purchase property will the lien have to be satisfied whenif you sell it?
This may vary by state. If the lien is placed against YOU, that being your wages, then it does not affect the property and it will have a clean title. If they file for a lien against your property, though, you will be required to pay off the lien before selling the property. I'd advise that you don't let the debt collector find out you have the property if you plan on selling it.
What are the repercussions of having a lien on your property?
Your property cannot be sold or mortgaged until the lien is paid. If the lien is substantial the creditor can force a sale of the property. If the lien is for property taxes the town can get a court order, take possession of and sell the property. You should also be aware that interest begins to add up on any judgment lien until it is paid off. The debt will grow larger.
Is a lien on a property considered real or personal property?
A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.
How do you find out if there is a lien on a real estate property you are looking at?
You can have a title company check for you, or you can contact the county where the property is. Liens have to be on file with the deed.
What is the purpose of a lien being placed against real property?
A lien prevents the property from being sold without paying off the creditor. After a certain period of time, it is possible to foreclose on the property, sell it, and collect the amount of the lien, the balance going to the property owner or other creditors.
What does this property in a LIEN SOLD status mean?
There is a lien or was a lien on the property and the lien was sold to a 3rd party such as an attorney
How can you get a title to a car that was charged off?
You contact the lender who has a lien on it and purchase it from them.
Who files papers with the court house to take a lien off a property after a bankruptcy court discharges what you owe on the lien?
Your bankruptcy lawyer.
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.
