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Real Estate Tips

Titles >Liens Against the Title

Occasionally homeowners who are trying to sell their home are surprised to learn that their title is encumbered by a lien. There are several types of liens; the most common are mechanic's or contractor's liens.

The lien (or debt) must be paid off in order to be cleared. If the owner prefers to challenge the lien, he can release it by posting a bond, pending adjudication. In some types of liens, a title search may disclose claims against the property by an ex-spouse or long-ago heir of a former owner. A simple "quitclaim" deed may be used in these cases. By signing the deed, the person involved signs over whatever rights he or she might have, without laying any claim to the property.

Most real estate transactions involve at least some minor unresolved issues on the part of either the buyer or the seller. This is where an experienced real estate agent can provide solutions to resolve the issues and conclude the sale.

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Real Estate Trivia

Q 
Who received the largest land grant ever given to an English subject for only two beaver skins per year?

A 
William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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The Coldwell Banker Winthrop Realty Team
503 Hwy 20 South
Winthrop, WA. 98862
509-996-2121
800-321-4482
Fax: 509-996-2123
Email: thecbwinteam@NUMBER1EXPERT.com
The Coldwell Banker Winthrop Team, REALTOR®, real estate agent and broker for Mazama, Winthrop and Methow Valley, Washington home listings, property and land for sale - NUMBER1EXPERT
One Team. One Goal. Providing the Best Real Estate Service in Washington’s beautiful Methow Valley! Our team is the top producing real estate company in the Methow Valley, including the towns of Winthrop, Mazama, Twisp, Carlton, and the surrounding areas. We specialize in mountain homes and cabins, ranches, condos, investment properties, and land. We provide old-fashioned service with state-of-the-art technology to help you find your special property. With many years of experience buying, selling, and developing real estate, you will get what all our clients come to expect—the very best. Representing both buyers and sellers, we will provide you with an in-depth consultation on any aspects of your real estate transaction. The Coldwell Banker Winthrop Team is your BEST choice in real estate. Call or email us today!
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