If you’re facing issues with liens on your property and need professional assistance, contracting The Walker Group could be the right decision for you. With their expertise in lien negotiation, they can help you navigate the complex process and potentially reduce the amount you owe. Read on to learn more about how The Walker Group can assist you in resolving your lien issues.
Statutory Liens: A lien created automatically by way of statute, meaning a lawsuit or judicial decision is not necessary for the lien to be placed.
Child Support Liens: These are liens placed on an individual who is delinquent on his child support payments. The lien remains on the debtor’s house until he pays the amount due, or sells the house, or is forced into a lien sale by the recipient.
Property Tax Lien: This type of lien is placed on a property when the owner fails to pay their property taxes. These liens often take priority over all other liens on your property, even ones placed before. If you cannot pay your taxes, the government may even force a sale of your property to pay the property taxes.
IRS Liens: The IRS can place a lien on a taxpayer’s property if they have unpaid taxes. These liens are difficult to negotiate with, but it is possible to work with a professional to get a partial release of lien.
HOA Liens: Homeowner’s Associations have the right to place a lien on a property if the resident fails to pay HOA fees. The HOA can even foreclose on a property over a few thousand dollars. These liens can be negotiated down, but the HOA is not obligated to do so.
Mechanic’s Lien: A lien placed by a contractor or mechanic who has performed work on a property but has not been paid. This type of lien can be negotiated down in many circumstances.
Weed Cutting Liens: Placed by the city or county of residence in the event of vacant or unattended houses which become a nuisance. These liens must be paid.
Warehouseman’s Lien: These are liens given to warehouses and other storage facilities on property stored at the premises to secure unpaid storage fees.
Vendor’s Lien: The right of the seller of a house to take it back from the buyer in the event that they don’t pay the full amount. These liens are used in the application of purchase-money mortgages.
Medicaid Liens: Medicaid can apply everything from hospital bills to nursing home charges against your home. If your loved one passes away, Medicaid will apply a lien against the estate. Medicaid liens can be negotiated down.
Home Equity Loans: This is a type of loan in which a homeowner borrows money against the value of their home. Only the senior mortgage holder has first lien. If there are two mortgages – a traditional mortgage and a home equity loan – the home equity is the junior lien holder. If the junior lien holder doesn’t release the lien, the house may go into foreclosure by the first lien holder. These liens can be negotiated down.
Dealing with liens on your property can be a challenging and stressful experience, but it doesn’t have to be. By working with The Walker Group, you can have peace of mind knowing that you have experienced professionals on your side who can help you achieve a favorable outcome. So why wait? Contact The Walker Group today to see how they can help you resolve your lien issues and get back on track.
