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If you think you might have a lien on your house, are planning on selling or just want to double-check, here’s how you can find out. Search Online Use an online search tool like U.S. Title ...
When a property has a clear title, that means the title is free from liens or other claims that could call its ownership into question. If you're buying a home with a mortgage, your lender will ...
You might think you'd know if you have a lien on your property. But liens can often go undetected until a crucial time -- like when you're getting ready to sell your house. That's why it's ...
In real estate business and law, a title search or property title search is the process of examining public records and retrieving documents on the history of a piece of real property to determine and confirm property's legal ownership, and find out what claims or liens are on the property. [1]
Liens that have attached to the title before the mortgage lien are said to be senior to, or prior to, the mortgage lien. Those attaching afterward are said to be junior or subordinate. [30] The purpose of this priority is to establish the order in which lienholders are entitled to foreclose their liens in order to recover their debts. If a ...
For example: a person owns a house free and clear if he has paid off the mortgage and no creditor has filed a lien against it. Lately there has been a resurgence in interest for free and clear properties despite being an investment form that has been prevalent from early on.
Homeowners association (HOA) lien: In most jurisdictions, your HOA can place a lien on your house if you do not pay your HOA fees. Mechanic’s lien: Contractors can place a lien on your home if ...
A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien.
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