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A property lien can be either general or specific and voluntary or involuntary. A mortgage lien is a specific, voluntary lien. The priority of the liens on a property determines which debt will be ...
Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...
Lenders, unfortunately, are confronted with the situation in which the validity or priority of a mortgage is challenged based on a prior mortgage not being paid off due to acts ranging from simple ...
Imagine this. You’re ready to put your house on the market and find out there’s a lien on it. All of a sudden, you have to postpone the process so you can overcome the hurdles that are required for ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a ...
IN THIS SERIES, ROBERT RIVA NAVIGATES THE NUANCED AND OFTEN CONFUSING WORLD OF COMMERCIAL REAL ESTATE FINANCES IN NEW YORK, WITH PRACTICAL GUIDANCE ON CHALLENGES AND CONSIDERATIONS. In an ideal world, ...
Placing a home into a trust can be an effective way to simplify estate planning, avoid probate and allow a smoother transfer ...
You're in good company if you're not exactly sure how liens work. It's not one of those topics that makes it into most people's water-cooler conversations. But knowing what a lien is and how it works ...