Additionally, the court may place
liens on property owned by the noncompliant parent, and in some situations, deny passport applications based on child support owed.
The judgment means the lender can then take additional steps against you, including wage garnishment, freezing your bank accounts, and putting
liens on any property you own.
Property and court records offices will report on your activity as well (for example, if you purchase a home or if there is a tax
lien on property you own.)
Not exact matches
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.
My husband and I
own property with an existing low - value home
on it that is too cost restrictive to remodel with no loans /
liens against it.
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.
A: A tax
lien is only the governments «invisible» claim
on the
property that is
owned by the taxpayer, but a tax levy is the actual seizure of the assets
owned by a taxpayer.
On the date of death, an automatic estate tax
lien applies to any
property located in Maine that is
owned by the decedent.
Here's how: Many banks hold second
liens on the same
properties for which Fannie and Freddie either
own the first mortgage or have guaranteed.
In a warranty deed, seller represents that he
owns the
property and has the right to sell the
property to the buyer and that no
liens or claims are against the
property except those that are expressed
on the face of the deed.
If a third party
owns a
lien on the
property (hard money in your case), you can go through with the (rate and term) refinance with no seasoning period.
I am not suprised by anything they do, as in the past they have sent me thru sheer h * ll
on my
own properties to disprove
liens with names similar to mine.
Owning a secured
lien that is tied to
property, especially if the
property has equity, involves little or moderate risk because a note owner has a right to foreclose
on the
property and to recoup some, or all, of the initial investment.
In other words, if the Seller
owned a $ 50,000
property free and clear and then sold it to the Purchaser who made a $ 10,000 down payment, the Seller initially has the right to collect $ 40,000 (his or her remaining equity in the
property) and he or she may borrow money by allowing a lender to put a senior
lien on the
property (ahead of the Purchaser's interest in the
property) for up to $ 40,000.
We help owners who have inherited an unwanted
property,
own a vacant house, are behind
on payments, owe
liens, downsized and can't sell... even if the house needs repairs that you can't pay for... and yes, even if the house is fire damaged or has bad rental tenants.
There are lots of situations where we can help, including... avoiding foreclosure, divorce, relocating, inherited an unwanted
property,
own a vacant house, upside down in your mortgage, behind
on payments, owe
liens, downsized and can't sell your house, needs repairs you can't pay for, fire damaged, bad rental tenants, and more.
If the
property is keeping you up at night or causing stress, There are lots of situations where we can help, including... avoiding foreclosure, divorce, relocating, inherited an unwanted
property,
own a vacant house, upside down in your mortgage, behind
on payments, owe
liens, downsized and can't sell your house, needs repairs you can't pay for, fire damaged, bad rental tenants, and more.
Funds that can be verified as the borrower's
own, the source of which can be: (a) monies from borrower's checking or savings account, or other similar time deposit account, which have been
on deposit in the account for at least 2 months prior to loan application, (b) cash up to $ 1,000, (c) cash deposit towards
property purchase, and (d) the market value of the lot
owned by borrower, exclusive of any
liens,
on which the SONYMA financed home was or will be constructed, or the purchase price of the lot if it was purchased in the past 2 years, whichever is less.
I am trying to put a deal together being creative and using seller financing and using a
lien on a
property I already
own instead of a higher down payment.
There are lots of situations where we can help, including... avoiding foreclosure, divorce, relocating, inherited an unwanted
property, needing a short sale,
owning a vacant house that costs money to keep every month, upside down in your mortgage, behind
on payments, owe tax
liens, downsized and can't sell your house, house needs repairs you can't pay for, fire damaged, bad rental tenants, and more.