Expert, localized Los Angeles answers provided by Heather Roy

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Liens on House

  How can I find out if a home I would like to buy is involved in a Reverse Mortgage or other types of leins?
 
  It really needn't concern you, whether a house has liens on it, because they'd have to be paid off before you could get a new mortgage loan, and if you were paying all cash, you'd want proof that the house was free and clear before you put the money down anyhow.
But your county's public records do tell if there are liens on the property, and anyone is entitled to inspect those records, so you could investigate for yourself.
    Edith
Originally published on November 24, 2007
 
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