general lien, may be referred to as unsecured loans. In reality though, truly unsecured loans are rare and only offered to a lender’s most eligible customers. Even an unsecured loan that doesn’t require collateral may result in the lender placing aUCC lienand or requiring a personal ...
In most cases, the lien remains effective until you pay your taxes. However, there are circumstances when the IRS will release the lien early, but it usually requires that you pay off your tax debt with the proceeds from the sale of your property. ...
What Is a Sheriff's Sale in Michigan State? Asheriff's saleis a public auction of foreclosed real estate properties. It occurs when an owner cannot make their mortgage payments so possession of the property returns to the lender or plaintiff, who will attempt to sell it to recoup some or...
toflip a housethan to buy one to live in. Not only do you need the money to buy the property, but you also needfunds for renovationsand then the property taxes, utilities, and homeowners’ insurance for the period from the moment the sale closes to the day it’s sold to someone else...
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.
Not all states, counties, or municipalities offer tax liens.Some states such as California only hold tax sales on defaulted properties, resulting in the winning bidder becoming the legal owner of the property in question. The term of tax lien certificates typically ranges from one to three years...
Negotiating a great sale price is just half the battle when shopping for a car. You need an auto loan with competitive terms to make it a great deal. Loans vary by lender, the borrower’s credit and regional factors. Shopping around with at least three lenders and getting prequalified is ...
If not — or if you’re buying from a private seller— work with the seller and DMV to update the necessary documents. Take possession of the vehicle: After you finalize your auto loan and complete the sale, you can take possession of the vehicle. While your lender will be the lien...
“The homeowner comes in with a full head of vitriolic steam because they’re sure this is a vendetta or a personal attack on them,” says Kelly G. Richardson, managing partner of the Richardson Harman Ober law firm in Southern California and author of a weekly syndicated HOA...
The property is then put up for sale, and the proceeds will go towards the debt owed to the creditor. Here, if John got into a legal dispute with his neighbor and won a judgment of $20,000, but the neighbor did not pay it, John could put a lien on the neighbor’s house. ...