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Occasionally homeowners who are trying to sell their home are surprised to learn that their title is encumbered by a lien. There are several types of liens; the most common are mechanic's or contractor's liens.
The lien (or debt) must be paid off in order to be cleared. If the owner prefers to challenge the lien, he can release it by posting a bond, pending adjudication. In some types of liens, a title search may disclose claims against the property by an ex-spouse or long-ago heir of a former owner. A simple "quitclaim" deed may be used in these cases. By signing the deed, the person involved signs over whatever rights he or she might have, without laying any claim to the property.
Most real estate transactions involve at least some minor unresolved issues on the part of either the buyer or the seller. This is where an experienced real estate agent can provide solutions to resolve the issues and conclude the sale.
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The Townend Team RE/MAX VINTAGE http://www.REMAXVintage.com 10130 Louetta Road, Suite J Houston, TX. 77070 Main office: 281-376-9900 Ext. 111 800-260-9240 Ext. 111 Fax: 281-320-5830 Direct office: 281-205-1888 Email: Kay@KayTownend.com
The Townend team brings a combined wealth of experience. Practicing real estate in Houston since 1980 and Top Producers in listing and selling residential real estate. We list and bring buyers for over one hundred and twenty homes each year in your area. When you hire the Townend Team, you get the benefit of all those years of experience. Call or email us today!
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