Selling a house can be challenging, especially if you’re dealing with a lien. However, it’s not impossible. If you’re in Salisbury, NC and wondering whether you can sell your house with a lien, we’ve got you covered. Read on to learn how to navigate this situation and get the help you need.
What Is a Lien on a Property?
A lien is a legal claim or right against a property, often filed when the owner owes money to a creditor. Common liens include mortgage liens, tax liens or contractor liens. While a lien can complicate the selling process, it doesn’t necessarily stop you from selling your home.
Can You Sell a House with a Lien?
The short answer is yes, you can sell a house with a lien on it, but certain steps must be taken. Before closing the deal, any existing liens on the property usually need to be resolved. Buyers will want a clear title, meaning all liens must be paid off or negotiated before completing the sale.
Steps to Selling a House with a Lien in Salisbury
Here are the steps to take if you’re selling a property with a lien:
- Determine the type and amount of lien on the property by requesting a title search.
- Contact the lienholder to discuss possible options. You may be able to pay it off, negotiate a reduction, or dispute illegitimate liens.
- If the lien is valid, pay it off using the proceeds from the sale at closing if needed.
- Work with a cash buyer who understands lien situations. They often have the experience to navigate such issues quickly.
Why Choose a Cash Buyer for a Liened Property?
If you’re dealing with liens and still want to sell your house fast, working with a cash buyer may simplify the process. Cash buyers are often willing to purchase homes in “as-is” condition, including those with liens. Plus, the sale can close quickly, saving time and stress.
At P&G Realty Solutions, we specialize in helping homeowners in tricky situations, including selling homes with liens. Learn more here about how our process can help you move forward today.
Contact Us for Help Selling Your Liened House
If you’re ready to sell your house with a lien in Salisbury, NC, contact us today. We provide fair, no-obligation cash offers and can help you navigate the steps to resolve any liens. Call us +1 866-890-8531 to get started.