I want to find out if there is a lien on a house before I take over the payments? I want to learn how to do it myself because the real estate people want me to pay for the information. If you can tell me the steps I can do it. Thank You.
2006-10-21 15:32:58 · 15 answers · asked by peaches and cream 2 in Home & Garden ➔ Do It Yourself (DIY)
The only way to make sure a title is free of any leins or encombrances is to have a title company check it for you. they are the only ones who can do it. they will charge you weather you use a real estate agent or not. For sale by owners pay the same amount for Title Insurance. The amount is based on the purchase price of the home. Talk to a title company in your area
2006-10-21 15:44:04 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Check with either the town or the state to find where liens are filed.
In Rhode Island it is the town. Look on the internet for the clerk's office.
In Massachusetts it is a state function and you need to find which of several offices covers that area. Again look on the Internet for the office.
You will need the book and page that are listed on a deed to access the info.
When you have what you need, call up the clerk and double check that a new lien hasn't been filed since the Internet records were updated. They are usually very helpful and will guide you to the correct info. You might need to pay a copying fee to get a printout of Internet info and certainly for an official copy.
There is no info that a rela estate person can get that you could not get for yourself by doing this. It just takes a little time to find where the info is filed but with that magic info of book and page you have access to it all.
2006-10-21 15:42:10 · answer #2 · answered by Rich Z 7 · 0⤊ 0⤋
Take over payments?? I hope that you are getting this house transferred into your name. Even if it is clean now, as long as it is not in your name, the person's name that is on the title can borrow against it or leave it to someone else in their will. If you are taking over payments I would insist that this happens and I would also want it docoumented by a title company that the house is clean and has no leans. This is a big investment. Protect yourself even if you are buying frm a friend or family member.
2006-10-22 01:41:48 · answer #3 · answered by Ladynole 2 · 0⤊ 0⤋
I bought a lien on a home a couple months ago. I found all the information on the property off of taxliens.com. They provide all the information about the property that you need in order to make a smart purchase. They have tons of listings throughtout the country. You will definitely find your properties info there.
2006-10-23 10:11:50 · answer #4 · answered by Kampbell 2 · 0⤊ 0⤋
Call a title company to do the search. It is worth the money and you can even get title insurance which would cover you incase there are any liens that they missed.
2006-10-21 15:54:51 · answer #5 · answered by HappyDaisy23 1 · 0⤊ 0⤋
i would be afraid to start investing the $ without first having a title company do their search and provide insurance. yes you would have to pay for it, but that would be much better than risking losing the house years down the road after you've invested many thousands of dollars into it.
2006-10-21 15:37:15 · answer #6 · answered by Roger 4 · 1⤊ 0⤋
Contact a title search company.
2006-10-25 13:44:59 · answer #7 · answered by Anonymous · 0⤊ 0⤋
The bank conducts a title search when you apply for a loan. The cost is included in your closing costs.
2006-10-21 15:40:42 · answer #8 · answered by brenbon1 4 · 0⤊ 1⤋
the goverment will tell you for a fee you just have to go to the land titles's office they will charge a fee but that is what lawyers do and charge too much to do it.
2006-10-21 15:53:18 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Thats what a notary is for they will do the title search for you.
2006-10-21 20:20:42 · answer #10 · answered by Dave 1 · 0⤊ 0⤋