Bankruptcy Residential Short sale 
HomeLight
JANUARY 13, 2022
Most commonly, issues may arise if there’s a dispute over ownership, likely due to family disputes or divorce proceedings , or if there are any liens against the property due to debts owed to contractors, unpaid taxes, or bankruptcy. In these cases, title contingencies protect the buyer by allowing them to back out of the sale.
The Residential Specialist
JUNE 30, 2021
Thompson compares the toughness of divorce listings to short sales. In some cases, legal complications such as restraining orders and bankruptcies can affect progress. “I will bring in somebody else to help them find that next house,” she says. “I says Stevens. Maybe the mortgage hasn’t been paid.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
HomeLight
MAY 23, 2022
North Carolina state law requires sellers to disclose material facts about the property through the Residential Property and Owners’ Association Disclosure Statement. Average days on market for North Carolina. 23 days (from listing to contract). Disclosures. MLS has field to mark a listing “as is”? Is a real estate attorney required?
HomeLight
JULY 31, 2021
Although it’s not as sure of a bet, you could also attract a regular residential buyer who has enough liquid assets to buy a house outright. The next step is to “ clear title ,” a process that shows the house is free of any liens, judgments, or bankruptcies that would prevent the transfer of ownership.
HomeLight
OCTOBER 29, 2020
Claims most often arise from family disputes or divorce proceedings, while property liens can be tied to debts owed to contractors, unpaid taxes, bankruptcy, and more. Short sale or bank approval contingencies. Zoning and land use contingencies.
Expert insights. Personalized for you.
97 
Let's personalize your content