jennypenny2008
Junior Member
What is the name of your state (only U.S. law)? Tx
My fiance & I are first home buyers and we fell in love with this homey 7 acre 2/2/3 w/ pond, pool, guest house for 126K totally enclosed with trees built in 2005. The seller asked us to write up the contract and we let them have it, and they signed. However, we asked afterward if there was any lien on the property. They said yes in the 70K-70K range of lien for the construction of the newer house. They seem like good, honest people when we met them, and so far have been truthful, however, we are hesitant to close because of the lien. Is there any document or anything we can do to protect ourselves from being foreclosed and completely screwed over if somehow they miss a payment for the lien?What is the name of your state (only U.S. law)?
My fiance & I are first home buyers and we fell in love with this homey 7 acre 2/2/3 w/ pond, pool, guest house for 126K totally enclosed with trees built in 2005. The seller asked us to write up the contract and we let them have it, and they signed. However, we asked afterward if there was any lien on the property. They said yes in the 70K-70K range of lien for the construction of the newer house. They seem like good, honest people when we met them, and so far have been truthful, however, we are hesitant to close because of the lien. Is there any document or anything we can do to protect ourselves from being foreclosed and completely screwed over if somehow they miss a payment for the lien?What is the name of your state (only U.S. law)?