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"We Wish We Had Listed With Tammy First" "I wish that we would have listed the home with Tammy first as I now know we would have SOLD our home sooner." Jim and Kelly Tanner Read Quote > View All Quotes >
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Titles >Liens Against the Title
Occasionally homeowners who are trying to sell their home are surprised to learn that their title is encumbered by a lien. There are several types of liens; the most common are mechanic's or contractor's liens.
The lien (or debt) must be paid off in order to be cleared. If the owner prefers to challenge the lien, he can release it by posting a bond, pending adjudication. In some types of liens, a title search may disclose claims against the property by an ex-spouse or long-ago heir of a former owner. A simple "quitclaim" deed may be used in these cases. By signing the deed, the person involved signs over whatever rights he or she might have, without laying any claim to the property.
Most real estate transactions involve at least some minor unresolved issues on the part of either the buyer or the seller. This is where an experienced real estate agent can provide solutions to resolve the issues and conclude the sale.
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| Q |
Where and when was the first motel introduced on the American commercial real estate scene?
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The first motel, appropriately named the "Motel Inn", opened in San Luis Obispo in 1925. |
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Talk To Tammy 5 Star Team Signature Properties 209 Main Street Festus MO 63028 Phone: 636-931-9100 Fax: 636-937-1110 Email: tammy@talktotammy.com
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