The placement of a property on
the Lien Sale list means the City can sell the lien it placed against the property to a third party private entity if the property owner does not pay off his or her debt to the City, or enter into a payment agreement with the City, within a specified period.
According to the 2015 30 - Day
Lien Sale List as of April 7, 2015, the zip codes of the top five areas in Queens with the most properties on the 2015
Lien Sale list are (in order): 11434 (South Jamaica / Springfield Gardens), 11368 (Corona), 11691 (Far Rockaway), 11433 (Jamaica) and 11413 (Laurelton).
Property owners have several options that, if done before May 14, 2015, could remove them from the 2015
Lien Sale list: 1) apply for an exemption, 2) enter into an installment payment plan with the City, or 3) pay off the debts in - full.
Not exact matches
The letters inform property owners that their properties are on a «Notice of
Lien Sale»
list due to their unpaid debts.
Documentation Required: Bill Of
Sale, Insurance Binder (full coverage
listing Haverhill Bank as
lien holder).
My previous post in this thread is just a short
list of possible issues with Pennsylvania tax
sales - title is not guaranteed to be clear of all other
liens and encumbrances.
Atlanta, GA, South Carolina, or Florida are great tax
lien and tax deed
sale states, this article actually add 3 more states to my
list: Arizona, Iowa, and New Jersey.
The data would then be posted on the Portland Maps system, a searchable city database that also
lists property tax,
sales price,
liens, building improvements and other data on all properties within the city.
However, for the real estate agents involved in the deal, along with the title agents as well as any real estate lawyers hired by either buyer or seller, closing on real estate is a familiar transaction, filled with all sorts of tasks and to - do
lists (some of these tasks require spending money, like for inspections, title searches, survey and
lien search, etc.) before the
sale of the property is completed.
This means that, at the
listed price, the proceeds from the
sale may not be adequate to pay all
liens and costs of
sale.