Home Selling in Pennsauken>Question Details

Segafour, Other/Just Looking in Jersey City, NJ

information on liens against homes

Asked by Segafour, Jersey City, NJ Tue Oct 4, 2011

a friend sold his home in 2004 purchased another home in 2006 now selling new house, claims at closing, information about lien on other home is stopping the sale of this home. if this is true why didn't lien come up when selling house in 2004 and purchasing home in 2006 would this block the sale of new house?

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A lien could be from anything that the landlord neglected to pay that went to court and became a judgement against him/her, even credit cards and other services provided that were unpaid; therefore liens can happen at any time.

Jane
http://www.RealTerrific.com
1 vote Thank Flag Link Wed Oct 5, 2011
In NC judgments not only attach to property but also the individual. A thorough title search by an attorney will reveal liens and judgments on real estate if they have been recorded. Typically a owner of the property is notified of the lien/judgment and court date of hearing. Unless resolved and released the property will not have clear title and this will carry over to other real estate as well. As Jane said, anyone can file and record a lien/judgment against an owner of real estate. In a real estate market of "unknowns" I adivse clients to get a title search completed if they've had any issues with creditors or others before trying to sale property on the open market. Good luck!
0 votes Thank Flag Link Wed Oct 5, 2011
What is the lien?
Property Tax Lien I doubt he'd have anything like that.

IRS tax lien then yes. court judgment he'll have to pay it. The new homeowner recvd a title insurance policy but your friend was cleared to sell the property. Look on the old hud sheet it may been paid at settlement in 2004. but Judgments and IRS state Tax will follow him.

Did he look to see if was paid at settlement? if it wasn't paid at settlement what type of lien is it. If its his debt he'll have to pay for it. Any liens were paid for at settlement back in 2004. It could be something that never was reported as paid at that time. Just a little extra work that's all. I hope that is all it is.

Ask to see the title and what the lien is then re ask here.
0 votes Thank Flag Link Tue Oct 4, 2011
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