What You Can Do About a Lien on a House From the Previous Owner?
Buying a home is massive financial and personal decision. It’s nearly impossible to keep emotions out of the equation—the hope and anticipation when waiting to see if the sellers will accept your offer, and the anxiety during inspection and closing.
But no matter how many fingers you’ve crossed, there’s always a chance that something will pop up and slow or halt the closing process. The inspection may find something big, or the parties involved may disagree on subsequent negotiations, or the mortgage company may decide not to lend sufficient funds.
Another big potential dealbreaker is finding a property lien on the home. This can easily stop a deal dead in its tracks. However, if you’re not willing to give up on your dream home, and you’re committed to resolving the lien, you have options. For tax liens, you may need the help of a tax professional, and one option is to hire a tax attorney, who will have more in-depth knowledge and skills for resolving property tax liens.