I inherited a house a few months ago from a relative, that I have been caring for the past 5 years. I am living in the house, but I want to sell it, and move somewhere else. I was wondering if I should pay and get a title search to make sure there is no liens attached or other suprises, or should I wait until I put it up for sale, because I was told the buyer have to get a title search anyway. If one is found, does that stop the sale? I had checked the recorders office and nothing was recorded at the time, but I hear now that liens are recorded in different places. Also , I hear that if liens are there and you want to sell, then money is placed in escrow and lienholder is paid first and you get the rest, Is this true? Help! I m confused here! I have no expereince with buying or selling a house right now. Thanks!
2007-07-08
06:28:22
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9 answers
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asked by
Alana
2