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Fax Affidavit Of No Lien

Fax Affidavit Of No Lien

Aug 6th, 2022

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How to Fax Affidavit Of No Lien

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In this video, Dan Sweeney from Home Bin Discount Realty discusses the topic of liens on properties. A lien is defined as a claim against a property, with the most common example being a mortgage, where a bank files a claim until the loan is repaid. If the loan isn't repaid, the bank can force a sale of the property to recover their money. Other examples include municipal liens for unpaid bills, such as water. To ensure a property is free of liens before purchasing, prospective buyers should be aware that having multiple liens can hinder the transfer of property to a new owner.

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