Sentences with phrase «lien on one's house»

If there were no mortgage or other type of lien on the house, the homeowner would have $ 100,000 in equity.
After the house was sold (and she couldn't put liens on the house), I sent her a bill for the work that had to be done and the 88 days that she was late (the penalty clause).
However, tax liens on houses around the border of metro city of the state, is it as competitive as metro city tax lien bidding?
Escrow accounts have been standard practice for years and have a solid purpose: They avoid situations where borrowers neglect to pay property taxes or hazard insurance premiums, opening the door to a government lien on the house or a loss of the lender's security interest in the event of a fire or severe damage.
Bill now owns the house and Bigger Bank has a first position lien on the house with the new mortgage.
The federal government takes IRS liens seriously — they can garnish your wages and put liens on your house.
Florida's booming popularity was spotlighted in Forbes, where tax lien investors can bid on tax liens being sold by places like Palm Beach County online: they don't even have to visit Florida to buy up the tax lien on your house.
The approximate amount of the lien on the house is $ 749,264, with the note and mortgage assigned to Wells Fargo Bank, according to county clerk records.
And when you can't talk about issues, when you don't want to talk about having four liens on your house and not paying your property taxes, I guess you can try talking about Donald Trump.
Gargiulo, a nurse practitioner whose husband, Tom, has run for Babylon Town Board, said Sims charged her thousands of dollars in extra repairs and filed a lien on her house last week.
A court judgment allows a creditor to put a lien on your house, which means that if you ever sell it you'll be forced to cover over some or all of that debt.
Once you file a consumer proposal you are protected from wage garnishees, frozen bank accounts, and CRA can not register a lien on your house.
They could place a lien on your house or car, or garnish your wages.
If he's not, they can secretly slap a lien on your house and demand the money from you.
Now if your parents are listed on the mortgage or somehow have a lien on the house, you have a bigger issue as they technically own (or at least have an interest in) part of the property and when you decide to sell the house you would have to involve them.
Refinance Lenders Stall Over Ex-Spouse's Liens How can you refinance if an ex-spouse's creditor has a lien on your house?
The lender places a lien on the house and property which secures the loan.
To find out if there's a lien on a house, run a title search.
For example, Canada Revenue Agency has the ability to place a lien on your house if you have not paid your taxes, and the lien has the same impact as a mortgage.
If the creditor has claim to some of your assets — say, a deposit you made, a lien on your house, the title to your car — that creditor is a secured creditor.
They might garnish my wages, or they might put a lien on my house.
The can take a vehicle, put a lien on a house or take any asset which was used to secure the loan in the first place.
To be a bit more precise, if your collateral involves a UCC filing instead of a lien on a house / car title, it will be very hard for lenders to enforce it.
They can foreclose your house or repossess your car seamlessly since they put the lien on the house / car title directly.
It is still a lien on your house.
A mortgage is nothing more than a lien on a house.
The amount you owe will grow, with interest and fees, so if they place a lien on your house, they could get substantially more than the $ 28,000.
They can't put a lien on your house, but they will take any income they can — even Social Security.
Phil S — My understanding is that the cleaning up also involves filing with the government that the lien on your house is no more, so there is a filing fee + legal costs... that said, they should have made more than enough on the loan that they could throw that in
The HARP: refinance does not allow borrowers to include a 2nd mortgage so many borrowers who have two liens on their house will not be eligible.
If a lender has claim to some of your assets — say, a deposit you made, a lien on your house, the title to your car — that creditor has a secured loan.
Just like a forward mortgage, a HECM is a lien on your house.
They keep calling from the second loan saying that I have to make a least that payment or they will put a lien on the house of my loan will become unsecured and they will charge me the whole balance.
The most common example would be a Mortgage Loan, where the lender holds a lien on the house title until it's paid off in full.
No, but one thing you might consider is filing a new mortgage so that the relative has some recourse (via a lien on the house) should something go south, and for the tax reason described below.
CRA has the statutory right to register a lien on your house.
Presumably a Heloc is considered the same thing as a mortgage since they are both liens on our house?
Personal injury attorneys refer to these reimbursement claims as «liens» for a good reason: like a mortgage constitutes a lien on your house, so to these reimbursement claims attach to your personal injury claim.
You will be responsible for another $ 50,000 in damages, even if it means the court has to put a lien on your house.
If you are at fault in the accident and your insurance doesn't cover the full amount of the damages, the other driver may sue you in court and a judgment against you could mean a lien on your house.
Agents should be aware of any financial obstacles that may come into play, Sexton says, whether it's liens on the house or a second mortgage, which would be paid from the seller's proceeds upon sale.
Even attorneys typically can't put a lien on your house, so why would you let a Realtor.
Thanks All, It turns out I decided to fire him despite his constant notions that he would put a lien on the house.
He says he is putting a lien on my house.
Perhaps she does not have good title, or there may be a lien on the house that she can not repay.
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