A lien on your home might be a big issue, particularly if you're trying to sell it. Buyers can also worry that the property they intend to purchase has a debt.
There are procedures in place and locations you can visit to find out if a lien has been put on the property you own or want to buy. This article will explain to you how to find out if there is a lien against your property.
What Is A Lien On A House?
A lien on a house is a judgment amount owed by a property owner and is attached to a property. A civil lawsuit, unpaid income taxes, or unpaid property taxes are a few examples of sources for liens. Additionally, a utility company can place a lien against a property for unpaid utility costs.
A mechanic's lien may also be put on a piece of property. Mechanic's liens are liens for work done on a property by a vendor.
How To Put A Lien On A Property
Disclaimer: We are a real estate company; not a law so please don't take this as legal advice. These are just the common steps to putting a lien on a property.
- Obtain a verdict in your favor against a landowner.
- Have the court order filed with the county recorder in the area where the property is located. The verdict ought to apply to the property.
To accomplish this effectively, we strongly advise you to speak with a local attorney in the area where the property is located.
How To Check For Liens On A Property
Checking for liens on a property can be done in several ways. You can accomplish this on your own, but we suggest solutions that entail paying a professional to complete the task for you. You may rely on the job of those experts because they are experienced in performing it. You also have some remedy if a mistake is made since you paid someone to execute the service.
Take A Look For Yourself
The property's county recorder should be contacted. You can check the documents to see if there is a recorded lien. You might benefit from the recorder, but it's not guaranteed. You'll need to be clear about what you're looking for.
Have An Attorney Lookup You
Basically, this approach is what you see in technique number one. However, the task is being done by a lawyer.
Reach Out To A Title Company
Any property's title work can be handled by a title company. They are professionals at searching historical records and finding liens. The most effective way to search for liens on a property is through a title firm. Use a title company to complete the transaction and guarantee that you receive a clean title if you are purchasing real estate in Indiana. This is the most effective method for a buyer to safeguard themselves and obtain a clean title to the property.
Final Note
It's crucial to have a clear title to a piece of land. At the same time, as a seller, you want to be certain that the buyer receives a clear title. You could benefit from using the materials in this article.
When purchasing or selling a home, RE/MAX Advanced Realty aids buyers and sellers in reaching better conclusions. If you have any more inquiries, don't hesitate to get in touch with us. At Indy Home Pros, our group of real estate professionals is prepared to assist you.