Real Estate

Can You Turn Off Utilities on a Squatter?

Can You Turn Off Utilities on a Squatter?It's possible to find themselves wondering if it's possible to turn off utilities on a squatter. The solution typically depends on the applicable state and local laws, but in most situations, it's yes. Before turning off the utility services from occupants who don't hold legal rights, an eviction must certanly be initiated as certain court orders are required for...

Can a Hospital Put a Lien on Your House?

Can a Hospital Put a Lien on Your House?When it comes to medical bills, a hospital can attempt to put a lien on one's house if they fail to pay the bill. This means that any profits from the sale of their house would go towards paying off outstanding debt incurred by not investing in medical care. It is essential that patients understand their rights and responsibilities when working with...

Tax Consequences of Buying Your Parents’ House

Tax Consequences of Buying Your Parents' HouseWhen one is thinking about purchasing a property from their parents, they must consider the tax consequences that are included with it. Whether buying in cash or through mortgage payments, taxes can always be due on this sort of real estate transaction. Depending on if the sale price is below fair market value and other factors like capital gains tax...

How Long Can a Rental Property Be Vacant?

How Long Can a Rental Property Be Vacant?When renting out a residential property, the biggest worry for ASAP Cash Offer landlords is the length of time their rental will remain vacant before incurring losses. There is no definitive answer to this question as this will depend on various elements including location, market trends and target tenants. It is advisable, however, that vacancies do not last...

Can a Hospital Put a Lien on Your House?

Can a Hospital Put a Lien on Your House?In regards to medical bills, a hospital can attempt to put a lien on one's house when they fail to pay for the bill. Which means any profits from the sale of their property would go towards paying off outstanding debt incurred by not paying for medical care. It is important that patients understand their rights and responsibilities when coping with healthcare-related...

Can You Turn Off Utilities on a Squatter?

Can You Turn Off Utilities on a Squatter?It's possible to find themselves wondering when it is possible to switch off utilities on a squatter. The answer typically depends upon the applicable state and local laws, however in most situations, it's yes. Before turning off the utility services from occupants who do not hold legal rights, an eviction should be initiated as certain court orders are needed for...

Can You Turn Off Utilities on a Squatter?

Can You Turn Off Utilities on a Squatter?One may find themselves wondering if it is possible to turn fully off utilities on a squatter. The solution typically is dependent upon the applicable state and local laws, in most situations, it is yes. Before turning off the utility services from occupants who don't hold legal rights, an eviction must certanly be initiated as certain court orders are required for...

Can They Put a Lien on Your House for Unpaid Medical Bills?

Can They Put a Lien on Your House for Unpaid Medical Bills?One could cause a lien being added to their house, referred to as an involuntary lien whenever they not pay off medical bills. This occurs when a creditor has exhausted other options to get the debt and obtains a court order for collection of funds due. An involuntary lien should be filed with either the county recorder or registrar of deeds office...

Can They Put a Lien on Your House for Unpaid Medical Bills?

Can They Put a Lien on Your House for Unpaid Medical Bills?One could cause a lien being added to their house, referred to as an involuntary lien whenever they not pay off medical bills. This occurs when a creditor has exhausted other options to get the debt and obtains a court order for collection of funds due. An involuntary lien should be filed with either the county recorder or registrar of deeds office...

How Long Can a Rental Property Be Vacant?

How Long Can a Rental Property Be Vacant?When renting out a residential property, the greatest worry for landlords is the length of time their rental will remain vacant before incurring losses. There's no definitive answer to this question as this will depend on various elements including location, market trends and target tenants. It's advisable, however, that vacancies do not last more than 8 weeks...

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