Covert Liens Are Threatening Your Home - Tip #1

Do you have liens against your house? A lien is a claim placed on a house owner's land in order to get hold of the settlement of a debt. It could be a placed by a town government, the IRS, or contractors for non-payment of repairs or residential home improvements.

Here are some other types of potential liens against a land:

- Unsettled federal or state taxes.

- In a divorce proceeding, one person will sometimes keep the residential home but the other is approved a lien on the land to shield his or her future welfare.

People may not even realize there is a lien on their household until it is too late. Meanwhile interest amass and sometimes people aren't even aware they owe the money.

The Karate Lawyer Checks It Out: If a victim are in a financial crunch, one of the best ways to help pay a homeowner's bills is to tap into the equity in a person's property. The last thing you want to occur is to stumble on out at the last hour you have a lien against you that must be dealt with in order to proceed with the mortgage. A site like www.KarateLawyer.com will search nationwide to find outstanding liens against a house owner's house and will provide you with an online report. Better to grasp about them at the present rather than later .

There are also mean people out there that obtain tax liens and then try to foreclose in order to obtain residential home at the lowest price. Find out ASAP if there are liens against your property.

If a person is "Liening" on a homeowner's house start making plans now.

There is normally a time period of quite a few years after which a lien expires and can't be claimed if neither the creditor nor the homeowner takes any action. During that time the the government or the state can capture your residential home raid any of your bank accounts, even those a homeowner owns jointly with another person. Take action today, because the home you salvage will be your own!