A relative of mine just divorced her husband, and he got a lien put on the property they lived in for $6000 that he says she owes him. She put the house up for sale not wanting to pay the lien and already moved into another house with her new boyfriend so she’s paying 2 mortgages. What happens to the lien? It’s still going to be on the property regardless if she sells it right? I just want to know some more info so I can kind of laugh at her.
If it is a valid lien, it will have to be settled before the property is transferred to a new owner. This usually happens at the closing. The title company will distribute the funds to all parties owed (taxes, mortgage/note payoff, etc.)…
Keith