Buyer Tips | Seller Tips | General Tips | Real Estate Glossary
Occasionally homeowners who are trying to sell their home are surprised to
learn that their title is encumbered by a lien. There are several types of
liens; the most common are mechanic's or contractor's liens.
The lien (or debt) must be paid to be cleared. If the owner prefers to challenge
the lien, he can release it by posting a bond, pending adjudication.
In some types of liens, a title search may disclose claims against the property
by an ex-spouse or long-ago heir of a former owner. A simple
"quitclaim" deed may be used in these cases. By signing the deed, the
person involved signs over whatever rights he or she might have, without laying
any claim to the property.
Most real estate transactions involve at least some minor unresolved issues on
the part of either the buyer or the seller. This is where an experienced Realtor
can provide solutions to resolve the issues and conclude the sale.
Contact Anita Kay
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