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If you cosign a note for someone and they don't pay can you put a lien on their house?
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What if a lien is on your house?
You can not sell your house or if you die your home will go to the people who have a lien on your home.The best thing to do is to pay off the lien which is usually someone or a bank you owe money.
Can someone put a lien for 900 dollars on a 300000 dollar house?
Yes, it is possible for someone to put a lien on a house for $900. The dollar amount of the lien is not dependent on the value of the house. However, the specific laws and procedures for placing a lien may vary depending on the jurisdiction.
What do you do if you cosign for someone and they wreck the car and sell it but still owe on the loan?
When they get out of jail for selling property with a lien on it, and after YOU pay off the loan, you might consider NOT co-siging again.
Can someone have a lien against your house if that person is dead?
Sure. The lien would pass to their inheritors just as any other asset.
How do you file a lien against an automobile left on your property that you had put work into without getting paid?
Talk to someone at your local court house about a mechanics lien
Can a house be built on a property with a lien without being encumbered by the existing lien?
No. Once a house is built it becomes an intrinsic part of the real estate. If the land has a lien on it the lien holder will get your house.
How do you put a lein on a business?
A lien is usually created on something when someone has used that something as collateral. Ex. A house that has been paid off can have a lien placed on it by taking a out a home equity loan. The house is now used as colateral. The lien is placed by the loan institution. Hope this helps.
How do you put a lien on a house?
Sue the owner, win, and file the judgment with the recorder of deeds, or secure the owner's notarized agreement (for example a mortgage) granting you a lien and file it with the recorder of deeds or perform work on the house and file a mechanic's lien against it or be a governmental entity and file a tax lien, or be a lawyer and handle litigation to help the owner secure or clear title. If you wrongfully file a lien against someone's house, you can get in a great deal of trouble and may be prosecuted criminally and/or sued for slander to title. So, filing liens against someone's home is not something you should do without legal advice.
Will there be a federal tax lien put on my house that's in foreclosure?
Yes, there will be a federal tax lien put on your house that is in forclosure. The bank or person that buys your house will have the option to pay that lien off.
If there is a lien on a house but someone else is on the 2nd mortgage does it affect their credit also?
yes, only if the second mortgage does not get paid.
How do you file a lien on a house that is in a trust in Massachusetts?
Yes, a lien can be filed on a piece of real property, regardless of the owner. However, the reason for the lien has to be directly related to the actual owner or the property itself. i.e., if a trust owns a house and I live in the house, and you have a judgement against me, there is no attaching a lien on the house for my debt.
If someone is renting a house that is NOT in their name and the owner of the house has a lien filed against them how does that affect the renter and their credit?
It would not affect your credit at all because you are merely the tenant and are renting the property. Since you do not own it, and the owner is the person that has the lien filed against them, it will not affect you or your credit.
