When purchasing a home, buyers often face hidden risks that can affect ownership rights. One of the most significant dangers involves liens placed on the property by previous owners. A lien is a legal claim against the property, usually for unpaid debts such as...
Month: September 2024
How does a short sale affect credit and future home purchases?
A strategic short sale happens when a homeowner voluntarily sells their home for less than the mortgage owed to avoid foreclosure. This option can help homeowners escape the financial and legal burdens of foreclosure. However, it's important to understand how a short...