Can I Put a Lien on a Car When Someone Owes Me Money? Personal Finance How to File a Lien on Real Property in Florida Step 4 File the Abstract of Judgment with the county recorder's office in the debtor's county. If you suspect that the debtor owns property in more than one county,...
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Timeline for Closing on a House More Getty Images When it comes to closing on a house, there are factors that can either delay or speed up the timeline. Key Takeaways: It’s possible to close on a house in as little as 30 days, but this depends on the borrower and the loan ori...
The lien will be displayed on the title records of the house. Once the lien has been filed, it will specify the amount owed and grants the creditor the right to be paid out if and when the property is sold. The debtor cannot get around the lien and sell the property without paying ...
A house lien, more commonly known as construction liens or mechanic's liens, is a mortgage-like device contractors use to ensure payment after they have completely fulfilled their obligations. If a contractor is not paid for work, they can file and attach a lien to the property in question ...
Last-minute issues can pop up that may delay the closing process. This is a good time to walk through the house and check on the items you negotiated after the inspection. For example, if the seller agreed to repair a noisy air conditioner listed in the inspection report, did they fix ...
We walk you through the steps a smart car buyer should take to remove intimidation from the process and end up with the best deal on the right used car.
1. Mortgage Lien When you voluntarily take on a mortgage, the lender agrees to finance your home and takes a lien on your property until you pay off the debt. You can check if there's a lien on your real estate at your county recorder's office, the recorder of deeds office or the ...
Alternatively, a homeowner who has paid off their mortgage and owns their house outright might need more cash and allow a lien on it to obtain ahome equity line of credit (HELOC). Just as with a mortgage for a home purchase, the house would serve as collateral. ...
Hard money lenders base the amount you can borrow on the home’s after-repaired value (ARV).5If a house costs $80,000, but the ARV is $160,000, and you can borrow up to 70% of ARV, you can borrow $112,000. After paying the $80,000 purchase price, you’ll have $32,000 lef...