Sentences with phrase «liens on a property in»

I assume the deed to the home is in your name, and your parents do not have a lien on the property in any way?

This judgment will be reported on your credit report and, in most states, the hospital can put a lien on your property in the amount of the judgment.

The lender then places a lien on the property in the event the owner does not pay the agreed payment.

But there can also be other liens on the property in addition to the VA loan.

Any existing liens on a property in an estate will need to be settled.

Here is what should be accomplished in a short sale: Borrower is released from all liens on property in the sale, some payoff may have to be made to first of second lien holder.

A similar new law in Virginia allows a locality providing water or sewer service to place a lien on a property in the amount of the number of months of nonpayment, versus up to three months under a previous statute.

An Illinois appellate court has considered whether an attorney could be sued for slander of title when the attorney placed a lien on property in direct violation of a court order.

then I believe the bank still has a legit lien and the beef is with the person who put the lien on the property in violation of the operating agreement.

Some listing contracts allow the broker to place a lien on your property in order to secure their compensation.

When an investor buys the lien on a property in property tax delinquency, he or she can charge interest.

@Jennifer Dean You Said «What I'm wondering is if it would be worth it to place a lien on my property in lieu of a high down payment?»

What I'm wondering is if it would be worth it to place a lien on my property in lieu of a high down payment?

Not exact matches

The Mayor also proposed a plan for City Council to grant the city the power to sell Emergency Repair Program liens that exist on a property to a third party collector (see video above), who would then be in charge of collecting on the debt — saving taxpayer money from footing the bills for emergency repairs and possibly giving landlords more incentive to make repairs themselves.

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).

The judge ordered a lien on Villalba's property of nearly $ 300,000 and ordered him to remain in Argentina.

«I wanted to respond to Kyah, I wanted to say people voted in a healthcare system that would fine you if you did not pay, and then if continue to fall behind then the big I would put a lien on your property, and all assets.

A title loan, also known as a title pawn, is a type of secure loan where a lender puts a lien on a borrower's property, their car in this case, in exchange for an amount to be loaned.

Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).

The bailiff may come knocking at your door — not to arrest you or put you in jail — but to seize your personal property, place a lien on your home, or garnish your wages.

Lenders first use reverse mortgage loan proceeds to pay off existing mortgages and liens on the property, after which borrowers may use the rest of the funds in almost any way they wish.

The deed of trust — also called a «mortgage» or «lien» — states that the home may be used as «collateral» for repayment of the loan; in the event of payment default, the lender is able to foreclose on the property, sell it, and retain the proceeds to satisfy the debt in question.

This might sound nuts, but there are cases where taxes and liens on a property, combined with the outstanding mortgage and taxes, mean there isn't enough money in the deceased's life insurance policy or savings and investments to cover the difference.

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.

ninety LTV Refinance Analyzed top rated list of Refinance Loan companies from Evaluations If you wish to determine how much lendable collateral you have in your house based on a loan to worth all you have to get it done take your property value, multiply this by the personal loan to worth (the percentage you need to borrow) then subtract any kind of mortgages owing against the property and also residence tax or some other liens / encumbrances.

If a loans meets the following tests, it is covered under the law: 1) For a first - lien loan otherwise referred to as the original mortgage on the property - the Annual Percentage Rate (APR) exceeds by more than 8 percentage points compared against the rates on Treasury securities of comparable maturity; 2) For a second - lien loan otherwise referred to as a 2nd mortgage - the APR (Annual Percentage Rate) exceeds by more than 10 percentage points compared to the rates in Treasury securities of comparable maturity; or the total points and fees payable by the borrower at or before closing exceed the larger of $ 561 or 8 % of the total loan amount.

The lender agrees to hold the title to your property (or in some states, to hold a lien on your title) until you have paid back your loan plus interest.

In today's declining real estate market, this ruling pretty much allows junior lien removal on most properties bought or refinanced since 2004.

In other words, with a Home Equity Loan or HELOC, you will have two mortgages on your property; in all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the propertIn other words, with a Home Equity Loan or HELOC, you will have two mortgages on your property; in all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the propertin all likelihood, it will have a higher interest rate than your first mortgage due to the fact that it will be held in a second lien position against the propertin a second lien position against the property.

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.

For instance, if the owner owes $ 60,000 in income tax, and the Canada Revenue Agency was successful in putting a lien on the home, then the purchase of the property will mean you are now responsible for paying that $ 60,000 CRA debt.

A home loan results in a mortgage lien on your property's title, which secures the debt's repayment to the lender.

When a current home owner falls behind on paying their property taxes, the state or county in which the home is located often places a lien on the property until the past due taxes are paid.

The IRS may place liens on your property or garnish your wages in you fail to make progress.

With a judgment against you in hand, whether it is the original creditor or a collection agency, they can potentially garnish your wages, place liens on your property, or take other legal steps to obtain the money you own to them.

(1) The following shall be exempt from the Credit Services Organization Act: (a) A person authorized to make loans or extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License Act acting within the course and scope of that license; (f) A person licensed to practice law in this state acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.

They can get a judgment against you and garnish your wages, take your money in your bank account or put a lien on your property.

Liens — in some cases a creditor may have placed a lien on your property which may prevent you from renewing your present mortgage, some common types of liens are from builders or unpaid property tLiens — in some cases a creditor may have placed a lien on your property which may prevent you from renewing your present mortgage, some common types of liens are from builders or unpaid property tliens are from builders or unpaid property taxes.

Court - ordered judgments do have to be repaid before you can get an FHA mortgage in most cases, because in many states a successful plaintiff can place a lien on your property if you fail to make good on a judgment.

A second lien is held on your property in the amount of the advance.

Canadian bankruptcy law discharges all tax debt universally, unless the Canada Revenue Agency has taken steps to secure it (a lien on a property) or in the case of fraud or tax evasion.

A deed which conveys not only all the grantor's interests in and title to the property to the grantee, but also warrants that if the title is defective or has a «cloud» on it (such as mortgage claims, tax liens, title claims, judgments, or mechanic's liens against it) the grantee may hold the grantor liable.

Have they placed a lien on your property, seized assets, denied or terminated installment agreements, or rejected your Offer in Compromise?

Finally, tax liens can be crammed down, and removed from property, often by paying much less than the amount of the lien depending on how much equity there is in the property.»

Before investing in residential or commercial property, conduct a lien records search to determine if state or federal tax collection agencies have placed a lien on the property.

For homeowners in some states, PACE loans offer what may be a more affordable alternative to conventional energy efficiency and home improvement loans, one that can be paid through a lien on their property taxes.

You could have equity in your property one day and if a lien is put on your property by the CRA, this equity could all be gone the next day.

In a repossession of secured property, the property has a lien on it that allows the secured creditor to repossess the property without going to court in order to do sIn a repossession of secured property, the property has a lien on it that allows the secured creditor to repossess the property without going to court in order to do sin order to do so.

Both are legal remedies that can put a stay of proceeding in place prior to them garnishing your wages, freezing your bank accounts or putting a lien on your property.

APR shown is for first - lien position loans up to 90 % Loan - To - Value (LTV) on single - family owner - occupied properties in PA, NJ, MD, and DE.