Tag: tax liens
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Someone Placed a Lien on the Deed. Did They Follow the Rules?
Various entities can make claims for unpaid debts by recording liens on a title. Mortgage liens are voluntary — you opt in. Other kinds of liens are imposed on the title by a court, a homeowner’s association, a tax department, etc. A lien clouds a title, impacting the deed’s marketability. It sticks to the title…
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When Lien Holders Demand Repayment: Who Has the Most to Gain by Foreclosing?
If you own a home, you can use it as collateral and borrow money. The lenders may then place liens on your title, representing that money you have to repay. The classic example involves taking out a mortgage against the value of a home you want to buy. You must repay the home loan, or…
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Can I Get the Deed to a Property by Paying Someone Else’s Unpaid Taxes?
You might have bumped into a “hack” on social media: cover taxes for a home and receive the deed. A team of investigative reporters in Houston noticed get-rich-quick schemers touting the ploy in video ads. So the reporters looked into it. The verdict from the news station? Simply paying off an old property tax bill…
