Ocean Grove, Wall Township and Sea Girt New Jersey real estate listings, home buying, selling and relocation information

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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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Q	What does "contingency" mean in real estate?
A	A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Michael Popoff, REALTOR®, real estate agent and broker for Ocean Grove, Wall Township and Sea Girt New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael Popoff / 2005 NJAR Circle Of Excellence
Kevin Murphy Realty
29 Union Ave
Manasquan, NJ 08736
697 Broad St. Shrewsbury, NJ 07702
Office: 732-223-9003
Cell - BEST WAY CONTACT: 732-887-7667
Home Fax: 732-897-9592
Office Fax: 732-223-9008
Email: michaelpopoff@NUMBER1EXPERT.com
Email: mikepop@verizon.net
My mission as a realtor is to exceed your every expectation while providing you with the highest quality service and professionalism the real estate industry has to offer. As a lifetime resident of Monmouth & Ocean counties, coupled with our innovative marketing strategies and resources, we will help you get the most amount of money from your investment, in the shortest amount of time. Call me today to find out how an honest, hard working agent can help you!

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