How can someone sell a home if it’s got a lien on it? Here are a few thoughts…
Start a Repayment Plan — Most creditors just want their money back and they would be more than happy to offer some sort of payment plan to homeowners. It might take a while to get back to square zero, but this is definitely an option.
Dispute The Lien — Obviously, homeowners shouldn’t do this if the lien is legitimate. But if the lien is unjustified, the homeowner can gather evidence (as much evidence as possible) and dispute the lien.
DON’T Wait To Lose The Home — Ultimately, if a lien continues without being disputed or paid off, the homeowner could lose their property. So the worst thing anyone can do… is nothing. At the very least, homeowners should try to negotiate the lien to be more affordable.
Sell The Home To a Professional Home Buyer — At Blue Anchor Properties, we buy houses as-is for cash, even if there are liens. We’ll pay off all the seller’s loose ends and can get homeowners out of sticky situations. Just give us a call at (201) 713-5312 to get a fair cash offer on your home!