{"id":42,"date":"2019-03-29T18:46:50","date_gmt":"2019-03-29T18:46:50","guid":{"rendered":"https:\/\/clevelandcashhousebuyer.com\/?page_id=42"},"modified":"2020-07-07T03:49:44","modified_gmt":"2020-07-07T03:49:44","slug":"lien","status":"publish","type":"page","link":"https:\/\/clevelandcashhousebuyer.com\/lien\/","title":{"rendered":"Ready to Help You Sell a House With Lien in Cleveland, OH"},"content":{"rendered":"
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When there\u2019s a lien against the house you\u2019re trying to sell, legal complications can leave you feeling hopeless. With this article, you can more confidently take the necessary steps to finding a buyer able to purchase your apartment building, condo, townhouse, or other form of residential property with debt attached.<\/p>\n
First, find out your home\u2019s market value. When selling a house with a tax lien or other kinds of encumbrances, keep in mind that any attached debt affects the property\u2019s value. With a rough idea of your home\u2019s value, a realtor who knows your local market can then list your house for sale.<\/p>\n
Although it\u2019s possible to attract a buyer despite any state or federal tax liens, traditional selling methods can leave you waiting months or longer for an offer.<\/p>\n
You could make expensive repairs and market your property in person and online. But external factors like the local market\u2019s speed can slow you down. Plus, if there\u2019s a lien against your property because you owe money for past construction work or if child support is owed, you probably don\u2019t have funds to fix up your property.<\/p>\n
If a buyer is willing to take on your house with back taxes or other debt attached, you then may negotiate with the buyer and settle on a price.<\/p>\n
When you finally snag a buyer, you need to be at the closing to sign and finalize the necessary transfer documents. You also supply the closing attorney with the resulting funds from selling your property to pay off the liens and other expenses.<\/p>\n
Once you\u2019ve sold your home and paid off any existing liens, confirm with lien holders that they\u2019ve received the funds. To check off all your boxes, ensure the county deed books also have it on record that you\u2019ve repaid your debts.<\/p>\n