How Hard Is It to Sell a House With a Lien in Columbus, Ohio?

Government liens such as federal tax liens, state tax lien, IRS liens and Medicaid liens can add a lot of stress to your life. They can also make selling your home extremely difficult. Luckily, this article can help you sell any property with a lien attached to it.

Make Selling a Home With a Lien Against It as Simple as 1-2-3

Keep These Steps in Mind When You Need to Sell a Property That Has a Lien on It

#1 Make an Assessment of Your Home’s Worth

Before you put your house, condo, apartment or townhouse up for sale, you’ll need to discover its market value. It’s recommended that you get in touch with a realtor for this step because they’ll have a deeper understanding of the local market.

#2 Review the Offers Made by Buyers and Accept One

Once your house is on the market, you’ll start to receive offers. However, you may have to wait longer for an offer if your house hasn’t been well maintained. Unfortunately, many people with liens don’t have the money for construction or essential home repairs.

Additionally, if you’re selling a house with a tax lien or other government lien attached to it, you’ll probably have to wait even longer for an offer.

#3 Sign the Sale Agreement, Transfer the Documents, and Pay Back Liens

When you receive an offer that you’re happy with, you’ll move on to the final steps of the selling process. First, you’ll attend closing to sign the sale agreement and transfer documents to the buyer. When you receive payment for the sale, you’ll transfer some funds to an attorney who will pay off any property tax liens and other fees in your name.

#4 Confirm that Payment Has Been Received by Lien Holders

The final step is to contact your lien holders to get confirmation your payment was accepted. You should verify that they received the payment and that it was recorded in the appropriate deed books.

Enlist the Help of the Best Company that Buys Houses With Liens in Columbus, OH

Selling a house with taxes owed or liens attached doesn’t have to be a problem! There’s no need to worry about finding the right buyer when you sell to Columbus Cash Home Buyers. We’re the best house buying company in Columbus, OH and surrounding areas, and we’re ready to help!

No More Home Repairs to Deal With – Just Sell As Is

Has a problem with back taxes prevented you from making home repairs? Don’t let that stop you from selling! We’ll buy your home As Is in any condition, and we’ll make you a fair cash offer after one fast walkthrough.

Easy and Quick Selling Process

When you want to sell a home with delinquent taxes quickly, we’re happy to help! Our investors close on deals in a flash. In fact, we complete real estate transactions in as little as 3 to 30 days on average.

Receive Cash in an Instant

Does the thought of a deal falling through because of mortgage denial scare you? It’s a realistic fear when you sell on the market, but not with us. We make cash offers, which means there’s no mortgage approval process.

Go Through the Transaction Fuss-Free

We make selling your home a hassle-free process. That means we’ll make an offer after one walkthrough, so you can avoid scheduling multiple showings and open houses. We’ll also make the process even easier by handling the necessary paperwork.

Straightforward Cash Payment sans Hidden Fees

You’ll never pay hidden or last-minute fees when you work with us. We’ll pay for all closing costs and additional fees. We guarantee you’ll get all of the money we promised you when we made our cash offer.

FAQ

Does a Lien Really Impact the Sale of a House?

Firstly, many government liens attach to your property. When it comes to selling, this means that a buyer takes on the lien when they purchase the home. This isn’t an attractive selling point, so you’ll probably have to wait much longer to receive a good offer.

When you finally sell the house, you’re also responsible for paying off your lien and for contacting the lien holders for payment confirmation. It might not seem difficult, but it does add two more steps to the selling process.

This uncertain and long-winded process is made easier when you sell to our investors. We’ll buy your house in a hassle-free transaction, so you can skip the stress and worry of selling on the market.

Will a Judgment Placed on My House Affect Its Sale?

A judgement lien can be placed on your property if child support is owed or if someone successfully sues you. You can sell your home if you have a judgement lien, but it’s often very difficult. Because this type of lien attaches to a property and gets passed on to the new owner after a sale, you’re less likely to find potential buyers.

Selling a home with a judgement lien can be frustrating when you try to sell on the market. Luckily, we buy homes no matter what kind of lien is attached. We’ll make you a cash offer for your home ASAP!

How Do I Make Selling a Home With an SBA Loan Lien Easy?

When a business owner doesn’t pay back a Small Business Association Loan, an SBA Loan lien can be placed on their property. An SBA Loan lien is similar to a judgement lien in that it also attaches to a property and makes selling the home extremely difficult.

While selling on the market might seem out of reach with an SBA Loan lien, you can always sell to our trustworthy investors. We’ll buy your house as soon as you’re ready to sell, and we’ll buy it As Is.

Is There a Better Way to Sell a House With a Medicaid Lien?

When you inherit a home from a relative, you might not discover the Medicaid lien until you decide to sell. Unfortunately, this type of lien becomes the responsibility of whoever owns the property. You’ll have to settle the debt before you sell if you don’t want to wait months or even years while the house sits on the market.

Not only will we purchase your property when it has a Medicaid lien, we’ll also help you negotiate the terms with the Medicaid lien holders. When you work with us, you can sell your property and settle your debts quickly.