CAN YOU SELL A HOUSE WITH A LIEN ON IT? USE HOUSE CASH BUYERS
When selling your home fast, it is not easy to get the true value of your house. Most sellers come across many problems, especially if their house has a lien on it. Most people who face this issue wonder where they can turn to for help. The question on their mind being can you sell a house with a lien on it?
It is possible to sell a house with a lien on it, but there are certain details that you need to consider. For you to sell a house with a lien there are many legal and financial red tapes you will have to overcome. However, here is basic knowledge to guide you through the procedure.
WHAT IS A LIEN ON A HOUSE?
A lien is a legal document obtained through a court procedure. It states that you cannot sell your house until you clear a debt you owe a certain company.
* Tax lien: This is where the government puts a claim against your home due to unpaid tax.
* Mortgage lien: If you are late on several mortgage payments, lenders can get a mortgage lien.
* HOA Lien: If you owe money to the homeowner's association (HOA), HOA can take a lien against your property.
REASONS TO TURN TO CASH BUYERS WHEN YOU HAVE A LIEN
If you have a lien on your property and plan to sell, consider turning to house cash buyers. Find out why getting a reliable we buy houses for cash is the best solution for you to use.
* AVOID STRESS
Attempting to sell a house with a lien is a procedure that can be both socially and mentally draining. Note that the government, bank, and HOA with lien have the power to prevent you from selling the property. Finding a House cash buyer will help you understand your situation better. They will also guide you on the best way to handle the procedure.
* FILE LETTER OF SATISFACTION
The house cash buyers will help you get a Letter of Satisfaction once you have paid off the debt. Since they are connected, the procedure will be smooth and less time-consuming.
* GET VALUE FOR YOUR PROPERTY.
When you are desperate, you are not thinking straight, which leads to you making a decision you might regret. But, when you deal with the house cash buyers, they will ensure that you get value for your property. The best part is that they will evaluate the house’s condition and buy it just as it is.
TRINITY HOME BUYERS - WE BUY HOUSES FAST FOR CASH
If you are searching for a sell my house fast company you can trust, consider hiring the Trinity Home Buyers. We will be willing to help and guide you to deal with the lien issue you are facing. We will also work with you to ensure that you get the go-ahead to sell your property. We can buy your house fast and prevent you from the stress of losing your property due to a lien.
Learn more here.
Learn about property sales tax here.