I did refinanced it 3 years ago.Need to know if this lien still on property.
2007-05-05 07:42:26 · 5 answers · asked by lagunas 1 in Business & Finance ➔ Renting & Real Estate
The lienholder will most likely get their $$$ before you get yours when you make the sale. Check with your mortgage co. or bank to see if the lien is still in place. The fact that you refinanced it would not give them reason to act on the lien. This sale will put cash into the estate, which is now in your name, thus your responsibility.
2007-05-05 07:56:44 · answer #1 · answered by ~RedBird~ 7 · 1⤊ 0⤋
Check with the county clerk where you live to see if there is a lien on the property. If you were able to finance the property 3 years ago, it doesn't appear the lien is still on the property since the mortgage company would have required the lien to be paid off before refinancing.
2007-05-05 14:52:11 · answer #2 · answered by WestTex Kid 5 · 1⤊ 0⤋
Get a title report. You can go to your county office, or go to a title company. You need to find out 1) what the lien is for, and 2) how much is the lien. Try to take care of it before you sell. You can sell with a lien on the property, but it usually scares buyers away!
2007-05-05 14:51:43 · answer #3 · answered by supersafetyman123 2 · 2⤊ 0⤋
If the lien was prior to the refinance it probably is no longer in place, but contact your mortgage company to be sure.
2007-05-05 14:50:48 · answer #4 · answered by Behaviorist 6 · 0⤊ 0⤋
if you were able to refinance it then the lien no longer exists
2007-05-05 14:52:14 · answer #5 · answered by investing1987 3 · 1⤊ 0⤋