Sentences with phrase «owner of the lien»

At that point you can walk away from the purchase or you can work with the seller and your respective lawyers to draft up an agreement that will confirm payment of the outstanding debt to the registered owner of the lien, once the house is actually sold.

Are you familiar with the rules in IL about the correct way to notify the parcel owner of the lien on their property and the time frame in which you have to notify them?

Not exact matches

He helps small business owners deal with issues with their Secretaries of State, UCCs, liens you may not know about, or other public filings.

While a traditional bank loan often requires specific collateral before they will lend to a small business and may rely heavily on the personal credit of the business owner, OnDeck offers fast small business loans from $ 5,000 to $ 500,000 with a general lien on business assets during the loan term and a personal guarantee.

Owner must have a history free of bankruptcies, current tax liens, judgments or criminal activity.

Taxes are a great financial burden for business owners, and a tax lien is one of every business owner's worst nightmares.

As the annual tax lien sale approaches, the owners of more than 13,000 homes owe New York City $ 186.6 million in back taxes.

QUEENS, NY — Borough President Melinda Katz today announced an upcoming workshop at Queens Borough Hall to help homeowners and other property owners who may be affected by the City's upcoming tax lien sale due to unpaid taxes and other bills owed to the City of New York.

The letters inform property owners that their properties are on a «Notice of Lien Sale» list due to their unpaid debts.

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 perLien 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 perlien 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.

The City's Department of Finance has been sending lien sale letters to many property owners who are behind on their property taxes, water and sewer bills or other property charges.

I do agree, that holding any lease payments in escrow until the tax lien is satisfied, as ordered by the Executive, is in the best interest of the county's taxpayers and will hopefully encourage the property owners to act quickly to pay their back taxes.

Not seen any accidents, Drives great, Non-smoker owner, Arctic cold a / c, Never driven on Snow, No pets, Vehicle Runs Well, Upgraded stereo, Regularly maintained, Lots of storage, Must test drive, Done all Scheduled Maintenance, Title in possession, Primarily highway miles, Great first ride - All vehicles are guaranteed Clean title and free of any liens.

Has remaining factory warranty, Drives great, Family friendly, Single owner, Spotless interior, Great first ride, Arctic cold a / c, Non-smoker owner, Vehicle Runs Well, Smooth ride, Always parked indoors, New tires, All records in possession, Regularly maintained, Lots of storage, No pets, Never driven on Snow, Seats as good as new, Must test drive, Done all Scheduled Maintenance, Available Satellite Radio, Title in possession, Mint Condition - All vehicles are guaranteed Clean title and free of any liens.

Drives great, Primarily highway miles, Title in possession, Non-smoker owner, Vehicle Runs Well, Arctic cold a / c, No pets, Never driven on Snow, All records in possession, Regularly maintained, Must test drive - All vehicles are guaranteed Clean title and free of any liens.

5 mo.) Date: Mileage: Source: Comments: 04/21/2015 15,051 Texas Motor Vehicle Dept. Little Elm, TX Title # Title issued or updated New owner reported Loan or lien reported Vehicle color noted as Gray 06/17/2015 18,089 AutoNation Ford Frisco Frisco, TX Maintenance inspection completed Recommended maintenance performed Oil and filter changed Tires rotated 07/01/2015 18,135 AutoNation Nissan Lewisville Lewisville, TX Vehicle serviced 07/03/2015 AutoNation Ford Frisco Frisco, TX Maintenance inspection completed Battery / charging system checked Brakes checked Oil and filter changed Tire condition and pressure checked Tires rotated 11/10/2015 25,906 AutoNation Nissan Lewisville Lewisville, TX Maintenance inspection completed Battery / charging system checked Brakes checked Tire condition and pressure checked Tires rotated 02/23/2016 31,773 TAS of Denton Denton, TX Tire valve stem (s) / core (s) replaced Tire (s) balanced 05/05/2016 35,890 Texas Inspection Station Little Elm, TX Passed emissions inspection 05/13/2016 Texas Motor Vehicle Dept. Little Elm, TX Title # Registration issued or renewed Loan or lien reported Passed safety inspection Vehicle color noted as Gray 06/08/2016 38,231 Brakes Plus # 309 Little Elm, TX Oil and filter changed 10/17/2016 45,339 Dealer Inventory Vehicle offered for sale 10/18/2016 Dealer Inventory Vehicle offered for sale 10/21/2016 Texas Motor Vehicle Dept. Little Elm, TX Title # Title issued or updated Vehicle color noted as Gray Loan or lien released 10/31/2016 Texas Inspection Station Little Elm, TX Passed emissions inspection 12/19/2016 45,500 Dealer Inventory Vehicle offered for sale Have Questions?

Other issues addressed by the Dear Author blog include tax liens filed against the company owner by the Ohio Department of Taxation.

The purpose of the search is to make sure the buyer is purchasing a house from the legal owner and there are no liens, overdue special assessments, or other claims or outstanding restrictive covenants filed in the record, which would adversely affect the marketability or value of title.

An examination of the public title records to ensure that the seller is the owner of the property and that there are no liens or other claims outstanding.

¹ No Closing Costs offer available for owner occupied primary residential purchases and external (payoff of a non-SDCCU originated lien) refinance only.

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.

The car's title must have your name as the current owner (otherwise the owner has to be present to get the loan), and it must be free of liens.

Homeowners» Insurance: Required for all mortgage loans, protects the home from damage and theft Owner's Title Insurance: Optional policy ensuring the title will not be subject to a claim of ownership, lien or other encumbrance Private Mortgage Insurance (PMI): Required by most lenders when the down payment is less than 20 % Federal Housing Administration (FHA) Mortgage Insurance Premium: Required on all FHA loans Mortgage Life Insurance: Optional policy that protects family and estate by paying off the loan in case of death Disability Insurance: Optional policy that guarantees loan payments will be made in case of disability

This search will reveal the legal description, owner of record and any outstanding liens or encumbrances.

A person or organization with a legal claim, or lien, against a property, typically because that person or organization has loaned money or performed services for the owner of the property.

A lien may have been placed on a property to ensure payment of outstanding debts by the owner.

When a person wins the auction, they become the new owner of the land and property deed, which doesn't have any mortgages or liens.

The purchaser is still the owner, the loaning company is just a lien holder, meaning they have a right to get paid from the value of the car.

Public records contain information about the history of the property, the description of the property, the owner of the property and whether or not there are liens against the title.

A judgment attachment is most often a secondary lien that allows the creditor to receive money from the sell of the asset after primary lien holders have been paid and before the owner realizes any equity.

When an owner files for bankruptcy, he or she is allowed to keep the homestead exemption in full, and depending on what type of bankruptcy filed, any unsecured debt like the attachment of a lien through judgment may be rendered non-collectable by the bankruptcy court.

An examination of title records to ensure that the seller is the legal owner of the property and there are no liens or encumbrances on the property.

Owner must have a history free of bankruptcies, current tax liens, judgments or criminal activity.

Funding Circle requires collateral on their loans in the form of a lien on your business assets and a personal guarantee from the primary business owners.

The Borrower must be reflected as the owner of the subject property on the preliminary title report and there must be no liens on the subject property.

The owner of the car may not be satisfied with the decision to let a lender place a lien to use the asset as collateral, but this is a necessary step if you want to take advantage of online title loans.

Title Insurance: Title insurance protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to the property, or the incorrectness of the related search.

A loan to purchase a home is usually the first mortgage lien recorded on a property; subsequent loans depend on the amount of owners» equity in the home and generally require a new appraisal.

If the vehicle that will be used as collateral in the transaction has a clean and clear title - and has no outstanding liens against it - the owner of it will almost always qualify for a loan.

Title Company: A company that researches titles and the history of titles, liens, and encumbrances in order to make sure all entitlements to a property are fulfilled before the title can be transferred to a new owner.

The lender who pays the pax in exchange for the lien would be in a senior position on the btitle (senior to the first mortgage) and would enter into an agreement with the property owner to pay back the loan, at interest of up to 18 %.

A bill has been introduced in the New York State Assembly and Senate that would allow lenders to pay off property taxes in exchange for the tax lien, with the consent of the property owner.

We use third - party data sources to check the owner / principal of each business for bankruptcy filings, liens, and significant state - level civil legal judgments, in the state in which the owner / principal of the company is located, occurring within 12 months prior to the service professionalâ $ ™ s application for membership in the HomeAdvisor network.

Title insurance protects you from liens that may be attached to the property by way of a previous owner, or from any complications with the deed.

«Some property owners in Argentina are inhibited from selling because of liens against their homes.

At the time, the equity owner of the building called me, and made me a lowball estimate to pay off the loan, a few months before it would spring to first lien status.

Equity: This represents the owner's interest in the real property or the property's market value less the amount of any encumbrances (i.e. liens, loans) secured by the real estate.

Even when a property is resold quickly, or refinanced within a short period of time from the original purchase or most recent refinance, a new title search and title policy are needed because the owner could have taken actions that had an impact on his claim to the title, such as taking out a second mortgage or incurred a lien from unpaid taxes.

Sample APR assumes a new $ 100,000 HELOC in second lien position with a combined loan - to - value (CLTV) ratio of up to 70 % on a 1 - to 4 - unit owner - occupied primary residence and a borrower with excellent credit.

Note: Assumes excellent credit, Owner Occupied, Single Family Home, 2nd Lien Home Equity Line of Choice.