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 Possibilities of Selling a House with a Tax Lien

Not sure whether you can sell your house with a tax lien? You’re not alone.

Paying your taxes or clearing out other debt on time can be challenging yet stressful. Of course, there are a million things on your mind, but getting behind on property tax payments frequently can put you in a lot of trouble. When your real property tax bill gets too high and the property tax (or some other charges, fines, and fees) owed to the government reaches a specific limit or the balance is carried for too long, the taxation authority (local tax collector) puts a tax lien on the property owned by an individual.

Understanding what is a tax lien on a home

A tax lien on any asset you possess, especially your home, means that you owe taxes (or some other charges, fines, and fees) on your property. If that is the case, it means you are not eligible to sell that property without resolving the tax lien first.

Ways to sell your house with a tax lien on it

We know for a fact that selling any property is quite challenging. You have to research beforehand and make sure that you are dealing with the right authorities and are being given accurate information. If you have any property tax or tax lien issues, you will definitely be gripped by financial uncertainty, making the selling process even more complicated.

Here are some ways if you are planning to sell a house with a tax lien on it.

Tax Lien Attorney

The best approach is to get yourself a professional like a tax lien attorney to help you understand your rights and obligations. An expert will work through the entire legal process that involves negotiating with the entities and creditors that hold a tax lien on your property. A tax lien attorney will explain how you resolve your tax lien with the local tax collector or lien holder, helping you avoid or get out of the tax lien foreclosure process.

Estimating the tax lien on a property

Evaluating the tax lien that is payable on your house will help you identify the kind of monetary danger you are in. Requesting a copy of your property’s title report is a great way to check for liens on your house. More than likely, you have more than one type of lien on your property.

  • Many people have home loan liens, which include mortgages or home equity lines of credit.
  • And then there are the government liens, which include property tax liens.

Once you know what type of lien you have against your house, it will make the process of devising a plan to sell your house much more effortless.

Maryland Tax Lien Attorney

Do you want to sell your property that has a tax lien on it? Hiring a professional tax lien attorney is the way to go. Visit LewisMcDaniels and get in touch with an expert Maryland tax lien attorney and say goodbye to all your worries.

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