The title search revealed an old lien on the property that we weren't aware of. We're concerned this will delay or even prevent the sale from closing.
Descrição do Problema
Perguntas Frequentes
Perguntas comuns relacionadas a este problema e suas soluções.
What specific issues were identified in the inspection report?
What is the specific reason for the delays in the seller's new home purchase?
What specific types of information are you having trouble obtaining from the buyer's agent?
Can you describe the size, width, and depth of the new cracks?
When were these insurance claims filed, and what was the nature of the water damage in each instance?
What specific appliance (e.g., HVAC, water heater, refrigerator) has broken down?
What does your purchase agreement or sales contract explicitly state regarding included fixtures and appliances?
What is the current agreed-upon closing date?
What is the specific age of the property?
When was the original quote provided, and by whom?
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Causas Identificadas
Unsatisfied Prior Mortgage
70%A previous mortgage on the property was not properly satisfied or released in public records after it was paid off. This can happen due to administrative errors or oversight by the lender or title company.
Unpaid Property Taxes or Assessments
60%The lien could be a result of unpaid property taxes, special assessments, or homeowner's association dues that have accrued over time. These often have a statutory priority.
Judgment Lien from Past Litigation
50%A previous owner may have been involved in a lawsuit, resulting in a judgment lien placed against the property. This could be from a creditor, a divorce settlement, or other legal proceedings.
Mechanic's Lien or Other Contractor Lien
40%A contractor or supplier who performed work or provided materials for the property and was not paid may have filed a mechanic's lien. This can sometimes be filed long after the work was completed.
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