Sentences with phrase «lien against the property»

It does not include mortgages, mechanics liens, and other liens against the property.
A short sale is when the net proceeds from selling the property fall short of the debts secured by liens against the property.
It protects you from losses which may arise as a result of existing liens against the property's title.
It is not a tax lien against the property if that is what you were thinking.
You can never rely on a seller to know for sure whether there are liens against the property in a short sale.
Protecting your interests by filing a mechanic's lien against the property also requires a thorough and complete analysis of the construction documents.
Each state has its own statute of limitations for tax liens or state liens against the property.
It means that creditors are prohibited from filing a lawsuit against you or entering liens against your property or constantly contacting you in an effort to get a payment on the debt.
The lender provides funds on demand, with a corresponding lien against the property.
In Chapter 13, debts that are secured by collateral or that involve liens against property typically have to be paid in full through your payment plan.
She had a client who tried to refinance after a divorce, only to learn there was a 10 - year - old lien against the property.
A lien sheet lists all of the property taxes, water bills, fines, and other municipal liens against a property.
The sale of real estate in which the net proceeds from selling the property will fall short of the debts secured by liens against the property is known as a short sale.
2 Your current mortgage (s) and any other existing liens against the property, must be paid off at or before closing.
The sale of Conrad Black's Toronto mansion has been put on hold after the Canada Revenue Agency placed liens against the property for $ 15 - million in unpaid income taxes, according to documents obtained by The Globe and Mail.
The judgment can be used to garnish your wages or to place liens against your property in an effort to collect the debt.
An Illinois federal court has considered whether the government could enforce a tax lien against a property when the taxpayers only had the right to arrange the sale of the property.
For example, the Attorney General can intercept a noncustodial parent's federal tax refund and file liens against his property.
research on a property title usually conducted by a title company to determine if there exist any outstanding liens against the property prior to a sales transaction.
In a judicial proceeding to sell tax - delinquent realty, the Commissioner of Accounts can not enter a decree of confirmation of sale until the value of liens against the property being sold are determined.
Trident conducts an exhaustive search of the public records to make sure there are no issues with the title such as liens against the property, utility easements, etc..
It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or holding liens against the property.
Under the Construction Lien Act «privity» of contract» is not required as a trade has the right to place a construction lien against the property for which they provided services and / or materials.
This can include liens against your property, wage garnishment, and other actions to collect the money before it ever enters your hands.
For example, if the lender is foreclosing its second mortgage, the first mortgage will still be a valid lien against the property.
A VA Cash - Out Loan is fundamentally different than a standard home equity loan, which is a second lien against your property.
The lender will also explain the prohibition against new junior liens against the property unless directly related to property maintenance, and a minimum of 50 percent equity and appreciation sharing with the Federal government.
Timeshare agreements vary, but failure to pay fees and assessments generally creates an automatic lien against the property.
The Pathway to Purchase Down Payment Assistance program offers a 30 - year fixed - rate mortgage, with a second - mortgage as down payment assistance, which is a five - year lien against the property at 0 % interest.
Thereafter, the contractor recorded a construction lien against the property under Chapter 713, Florida Statutes, and filed suit.
We work hard to stop harassing creditors and remove judgment liens against your property.
The state can also seize the noncustodial parent's assets or establish liens against his property.
«The bank partners with you,» Castellanos explains, «but they need to be protected and confident that they have a valid first lien against the property, so they require this insurance.»
Sometimes I think they are just pinning arbitrary bills on unsuspecting landlords, turning them into illegal liens against the property, and then hoping that we will skip the hassle of litigation and just pay them off at the time of conveyance.
Following the completion of construction, the Builder filed for bankruptcy and the suppliers filed mechanics liens against the property, resulting in litigation between the Buyers and the suppliers.
Title insurance: This type of insurance is required to protect the lender and you if there are undiscovered liens against the property.
ALTA Insurance («lender's policy») is a guarantee your lender requires to ensure there are no other liens against the property when your mortgage is recorded.
Collection actions can be taken against either party and can include legal action resulting in wage garnishment or liens against property for both the primary borrower and the co-signer.
«Short sale» refers to a transaction in which the proceeds from the sale of a home are less than the balance of the debts secured by liens against the property, and the homeowner can't afford to pay the liens in full.
Once a tax is assessed, the IRS may place a levy on wages or bank accounts, or file tax liens against your property.
The Lenders and Banks would just file a discharge of lien against the property and as to whether or not they really notified the Homeowners, I am unsure about.
It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or holding liens against the property.
Look for liens against the property, pending lawsuits, guarantees, labor disputes, potential zoning changes, new or proposed industry regulations or restrictions, and new or pending patents; all these factors can seriously affect your business.
Ignoring your tax debt will impel the IRS to use tough tactics against you, such as placing a tax lien against your property or levying your assets until your debt is satisfied.
regardless of their financial situation??? You DO realize that if they don't pay, they'll be slapped with a federal tax lien against their property and their property possibly foreclosed on and sold a U.S. Treasury Auction.
Filed By the IRS, a lien against property owned by Pete Rose, who owes $ 973,693.28 in back taxes from 1997 to 2002.
If the property you wish to donate is significantly tax - delinquent, the Land Bank will opt to pursue acquisition via municipal foreclosure in order to eliminate any liens against the property.
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