Posted on: 04th Feb, 2011 11:52 am
Need Help!
Looking for a loan to pay off property taxes in New Jersey but town put lien on property in tax sale. Amount is approximatly 17 thou was looking to maybe do home equity for 25thou but now being told by a few bank lenders can not do to lien. I own house no mortgage home assessed 360k. Got into jam need a way out. Can someone help...?
Looking for a loan to pay off property taxes in New Jersey but town put lien on property in tax sale. Amount is approximatly 17 thou was looking to maybe do home equity for 25thou but now being told by a few bank lenders can not do to lien. I own house no mortgage home assessed 360k. Got into jam need a way out. Can someone help...?
as there is a tax lien on your property, none of the lenders will be ready to give you a home equity loan. you will have to pay off the lien first. you can go for a personal loan in order to pay off the lien. however, you should note that personal loans are available at a higher interest rate.