PROPERTY LIENS

Discovered a lien on your property? Don’t panic.

With $22 billion in unpaid property taxes in 2023, you’re not alone.

Selling a house with a lien is possible—it just requires strategic planning.

Here is most all you need to know: understanding liens, navigating legal complexities, and finding the best path to a successful sale.

Your financial challenge can become an opportunity with the right approach.

Key Notes

Multiple lien types exist: voluntary (mortgage) and involuntary (tax, judgment).
Resolve liens before selling through negotiation, payment, or cash buyer options.
Title search reveals liens; buyers typically require liens to be cleared.
Unresolved liens can delay or prevent property sale, risking serious consequences.

Involuntary liens, on the other hand, are imposed without your agreement, often as a result of unpaid debts leading to serious financial implications. Here are some key examples:
Tax Liens
If you neglect to pay your property taxes, the government can place a tax lien on your home. This legal claim ensures that your tax obligation is prioritized.
The National Tax Lien Association reported that in 2023 in the US, a staggering $22 billion in property taxes went unpaid. This highlights how critical it is for homeowners to stay on top of their obligations and proactively manage their finances.
Judgment Liens
If you owe money and a court issues a judgment against you, a judgment lien can be placed on your property. This means you lose some control over your home until the debt is satisfied.
HOA Liens
Failing to pay your homeowners association fees? They have every right to place a lien on your property to recover the unpaid dues.

Learn more at link below
https://www.mosshomesolutions.com/blog/can-you-sell-a-house-with-a-lien-on-it

FINAL THOUGHTS:
Are you buying new properties? We recommend having corporate entities under each property address. And do another layer by having a Trust or Family office manage these properties.

Key Notes

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