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Real Estate Tips
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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Real Estate Trivia
Q 
Where is the world's oldest hotel?

A 
The Hotel Ryokan in the village of Awazu, Japan dates back to AD 717, when an inn was built near a hot spring reported to have miraculous healing properties.
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James Galligan, REALTOR®, real estate agent and broker for Stroudsburg, East Stroudsburg and Tannersville, Pennsylvania home listings, property and land for sale - NUMBER1EXPERT(tm)

James & Amy Galligan
Keller Williams Real Estate

637 Main Street
Stroudsburg
PA, 18360
Office: 570-421-2890
Fax: 570-300-3331
Direct: 570-656-2235
Direct: 570-213-4888
Email: thegalliganteam@topproducer.com

We are a full time Husband & Wife Real Estate Team covering the Pocono Real Estate Area & Slate Belt Real Estate Areas for the past 10 years!! We are here when you are ready!!


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