Judgment Lien?
I am looking at a home for sell contained by Ohio that has a acumen lien against it, what does this mean if I considered necessary to purchase the home?
Answers: It means you would hold to satisfy the lien up to that time you can purchase the home. Evidently, the owner was taken to court for some outstanding bill which he did not take-home pay and the creditor received a judgment against him. Once a taste is received, a lien may be placed against any real or personal property owned by the debtor.
This soul cannot sell his home until this ruling is satisfied and the creditor files a "Satisfaction of Judgment" near the court.
are you looking to buy it to live in it or simply re-sell the option to purchase it ?
if you are going to live in that then the lien will enjoy to be paid.
if your freshly going to resell the option to purchase it after it is not your worry and the buyers further down the manacle will have to operation with it
May I hold your attention please?
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Answers: It means you would hold to satisfy the lien up to that time you can purchase the home. Evidently, the owner was taken to court for some outstanding bill which he did not take-home pay and the creditor received a judgment against him. Once a taste is received, a lien may be placed against any real or personal property owned by the debtor.
This soul cannot sell his home until this ruling is satisfied and the creditor files a "Satisfaction of Judgment" near the court.
are you looking to buy it to live in it or simply re-sell the option to purchase it ?
if you are going to live in that then the lien will enjoy to be paid.
if your freshly going to resell the option to purchase it after it is not your worry and the buyers further down the manacle will have to operation with it