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Lien on the Property |
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Can I sell my house if it has a lien against the property? |
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You could if someone agreed to take it with that lien against it, but a buyer probably wouldn't agree unless you reduced your price to account for it. A lien can be paid off at the time you receive the purchase money, at the closing. That's often done when the lien is an existing mortgage -- it's paid off at the last minute, at the closing. Same thing with judgments. YOu'd just have to be sure you received enough for the house to cover those payments. |
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Edith
Originally published on August 28, 2007 |
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