There are various liens that creditors can place on your property, including mortgage, judgment, attachment, estate tax, and federal tax liens. Depending on the type of lien attached to your property, selling your house can be tricky. Buyers might be more hesitant to purchase a property with a lien, and a real estate agent may not want to list your home. Let’s explore how to sell your home with a lien and get a quick cash offer from RHED Key Properties.
Can You Sell a Home with a Lien?
Many homeowners wonder, “Can I sell my home if I have a lien?” The answer is yes – you can sell your home with a lien, including judgment, tax, mortgage, and contractor liens. If you haven’t paid off your home yet, you have a voluntary lien. Liens that arise from unpaid taxes or contractor claims are involuntary liens. It’s more difficult to sell a home with an involuntary lien because the buyer is responsible for resolving it. This may scare off some buyers, but not cash buyers like RHED Key. RHED Key Properties allows you to sell your home as is and receive a cash offer within 24 hours.
You can also sell a home with a lien through a realtor. If you choose this route, you should carefully weigh the pros and cons.
Sell Your Home with a Realtor
Most realtors will sell homes that have liens. Although, some realtors will refuse to work with a homeowner if their property has a lien. Why? Dealing with a lien is more work for a realtor and will take more time to seal the deal. Nevertheless, you shouldn’t have an issue finding a realtor that will help you sell your home from start to finish. The agent will put your home on the MLS and help you determine a list price while considering the lien. They will also host open houses and assist with the negotiations. Most realtors charge a 6% commission, which is indisputably expensive, especially if you’re dealing with financial issues. Discount brokers with lower commissions exist, but they won’t devote as much time to your listing.
Get an Offer from a Cash Buyer
Getting an offer from a cash buyer like RHED Key is the best way to sell your home with a lien. We buy houses in any condition and make it easy to sell your home with a lien. We strive to make the process as straightforward as possible. Our team will ask standard questions about your home and potentially conduct an on-site visit. Once we have the information we need, we will make you an offer within 24 hours! Whether you’re facing legal issues or recently inherited property, RHED Key is the best place for cash home offers in Alabama.
Sell Your Home to RHED Key
Don’t let liens keep you from selling your home in Alabama. RHED Key Properties is the top place for cash home offers in Alabama, and we’re ready to give you cash for your home! If you have a lien on your property, please contact us to sell your house in Alabama today.