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Titles >Liens Against the Title
Occasionally homeowners who are trying to sell their home are surprised to learn that their title is encumbered by a lien. There are several types of liens; the most common are mechanic's or contractor's liens.
The lien (or debt) must be paid off in order to be cleared. If the owner prefers to challenge the lien, he can release it by posting a bond, pending adjudication. In some types of liens, a title search may disclose claims against the property by an ex-spouse or long-ago heir of a former owner. A simple "quitclaim" deed may be used in these cases. By signing the deed, the person involved signs over whatever rights he or she might have, without laying any claim to the property.
Most real estate transactions involve at least some minor unresolved issues on the part of either the buyer or the seller. This is where an experienced real estate agent can provide solutions to resolve the issues and conclude the sale.
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The Jason White Team Century 21 Four Seasons Realty 1441 Wiley Oakley Drive Gatlinburg, TN 37738 Office: 877-678-2121 Fax: 865-436-8982 info@thejasonwhiteteam.com
Jason combines his in-depth local knowledge with a family tradition of providing the best in real estate service to make your home sale or purchase a truly unforgettable experience. Simply put, Jason can make your “great adventure” a reality.
As a service, Jason has put together this web site filled with valuable information on investing in area real estate. Specializing in resort and investment properties, Jason takes great pride in helping people discover a land so rich with opportunity.
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