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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
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At the doors of what famous temple do you find yourself when you climb the 'Stairway to Heaven'?

A 
The Temple of Heaven in Beijing, China, attracts the local faithful and tourists.
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The Sumbles Team, REALTOR®, real estate agents and broker for Little Rock, North Little Rock and Bryant, Arkansas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Sumbles Team
Keller Williams

1514 Market Drive, #B100
Little Rock, AR 72211
501-960-4111
Fax: 501-907-5958
rsumbles@kw.com

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