If you own property with a lien against it that you want to sell, there are steps you can take to make the process easy. This article can help, whether you’re selling a house with a tax lien or a condo, apartment or townhouse with any other type of lien.
Before putting your house up for sale, you need to discover its market value. Get the help of a realtor who understands the local market and who can help you figure out a good asking price for your home.
Of course, there’s no set amount of time you’ll have to wait before an offer arrives. It depends on many factors, and the local real estate market, the state of your house and how much you’re asking for can all make the difference between waiting for a month and waiting over a year.
Unfortunately, most people struggling with liens are short on cash. You might not have the extra money to make necessary home repairs. If your house comes with any problems, you’ll be waiting even longer for a buyer.
Once you’ve accepted the offer, you’ll have to sign and transfer the correct documents. At the closing, you’ll also transfer money from the sale to the real estate attorney so they can pay off any liens and extra expenses
Although the closing attorney pays the liens on your behalf, you’ll still need to get in touch with the lien holders to confirm that everything went through correctly. Make sure that there is a record of everything in the local deed books.
Selling a house with a property tax lien or with back taxes can be intimidating. Luckily, you can avoid the complicated process of selling on the market by selling to us! San Antonio Cash Home Buyers is the best house buying company in San Antonio, TX and the surrounding areas.
No money for construction or repairs? No problem! We’ll buy your house no matter what problems it has. We buy property As Is, so you can skip the appraisals and due diligence period. Plus, we’ll never make annoying repair requests.
When you’re struggling with a federal tax lien, state tax lien or IRS lien, you want to get cash for your house fast. That’s where we come in! We can close on deals in 3 to 30 days on average.
Selling a house with taxes owed can be stressful, and the last thing you want to hear is that a buyer can’t get approved for a mortgage. Luckily, we buy homes for cash, which means there’s no mortgage approval process.
Avoid scheduling open houses and endless showings by selling directly to our investors. We’ll take a quick walkthrough of your home and then make a fair cash offer. Once you accept, we’ll even take care of all of the paperwork.
Choosing to sell a house with delinquent taxes probably means you don’t have much extra cash to spare. We help our clients as much as possible, which is why we cover all closing costs and never charge hidden fees.
Although having a lien doesn’t mean you can’t sell your house, it does add extra steps that complicate the process. The most obvious step is that you need to pay the lien holders after the sale. First, you’ll transfer money to the closing attorney. Once the attorney pays off the liens, you’ll have to personally call to get confirmation.
Additionally, liens can be attached to properties, making them very hard to sell. Few buyers want a home that comes with a lien, so you can easily find yourself waiting years for an offer.
Of course, our company is always happy to buy, no matter what kind of lien you’re dealing with. Plus, we’ll purchase your property As Is, so there’s no need to make expensive repairs.
A judgement lien is common if someone is sued or if child support is owed. Selling a home with a judgement lien is possible, but it certainly isn’t easy. Because a judgement lien attaches to a property, it can be hard to find buyers who are willing to take on the property and the lien.
If you’re worried that your house won’t sell on the market, there’s no need to stress! We’ll buy your property, and we’ll buy it for cash. We have the money ready to go when we make our offer, so you can settle your lien in no time.
Many small businesses use Small Business Association Loans to help get started. The loan can be extremely helpful, but if it’s not paid off, an SBA Loan lien is placed on your property. Like a judgement lien, an SBA Loan lien follows a property instead of a person.
Finding a buyer on the market who’s comfortable with the lien is unlikely, but selling to our investors is easy. If you’re ready to sell your home, we’ll buy it no matter what lien is attached.
A Medicaid lien is a common problem for people who inherit property from deceased relatives. This type of lien is used when debt accumulates from the use of assisted living residences or nursing homes. The lien is still in place even after the individual dies, so repayment becomes the responsibility of the heirs.
If you inherited a home with a Medicaid lien, we’ll help you settle your debt by negotiating the terms with Medicaid for you. We’ll also buy the home from you for a fair cash offer, so that the entire process is as easy as possible.