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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 
What city boasts eight of the world's ten biggest hotels?

A 
Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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John Jackson & Associates, REALTOR®, real estate agents and broker for Kirkwood, Webster Groves and Glendale, Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

John Jackson & Associates
RE/MAX Results John Jackson and Associates

11819 Manchester Road
Des Peres, MO 63131
314-965-2002
Fax: 866-996-3232
johnjackson@remax.net

For the second year in a row, John was recently named one of the Top 25 Realtors in St. Louis by the St. Louis Business Journal. Serving the communities of both St. Louis City and County, John and his associates bring unmatched market knowledge and cutting edge technologies to each maximize client results. Trust your real estate transaction to a professional!


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