Can a Title Company Remove a Lien?One's legal claim, known as a lien, must be held and secured by one creditor in order to remove it. Consequently, the title company is accountable for making sure all liens are collected and released during closing so that potential difficulties with payments or property transfers down the road can be avoided. Additionally, an intensive title search should also verify...
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Can They Put a Lien on Your House for Unpaid Medical Bills?You could result in a lien being added to their house, known as an involuntary lien as long as they not pay off medical bills. This occurs when a creditor has exhausted all the options to gather the debt and obtains a court order for collection of funds due. An involuntary lien must be filed with either the county recorder or registrar of deeds...
Tax Consequences of Buying Your Parents' HouseWhen one is buying a home from their parents, they need to take into account the tax consequences that include it. Whether buying in cash or through mortgage payments, taxes can always be due on this kind of real-estate transaction. Depending on if the sale price is below fair market value and other factors like capital gains tax implications, asapcashoffer...
Tax Consequences of Buying Your Parents' HouseWhen one is buying a home from their parents, they need to take into account the tax consequences that include it. Whether buying in cash or through mortgage payments, taxes can always be due on this kind of real-estate transaction. Depending on if the sale price is below fair market value and other factors like capital gains tax implications, asapcashoffer...