Posted on: 23rd Jan, 2010 07:03 pm
We bought a house with a lein on it and purchased title insurance, which the title company denys us purchasing but the person that took out the orginal loan died and we found out the statue of limitations is up on the lein. How can we get it removed?
What type of lien is it?
Hi Roberts,
The lien will remain on the property till the time it is paid off in full. If the lien is past the statute of limitation (SOL), you can have the lien removed. However, certain types of liens like a tax lien will remain on the property till the time it is paid off. If there is a tax lien on the property, you should contact the taxing authority and set up some sort of repayment plan to pay off the lien.
The lien will remain on the property till the time it is paid off in full. If the lien is past the statute of limitation (SOL), you can have the lien removed. However, certain types of liens like a tax lien will remain on the property till the time it is paid off. If there is a tax lien on the property, you should contact the taxing authority and set up some sort of repayment plan to pay off the lien.
