Liens make it difficult to refinance or sell a house, but not impossible. If you’re considering selling your home with a lien, you’ll be glad to know you have several options. Before you sell your house with a lien, a few essential factors must be considered. Let’s define a “lien,” discuss the logistics of selling a home with a lien, and how to sell your home with a lien. If you want to sell a home with a lien, here’s what you should know:

What Is a Lien?

A lien is a legal claim attached to your property. Third parties with a lien can repossess properties in order to satisfy obligations. Although a “lien” sounds like something negative, it’s much more common than you think. Lenders who finance homes put a lien on the property. The lien stays on the house until the debtor repays the entire loan. Liens are also typical when a homeowner doesn’t pay their property taxes. In the case of property taxes, the local government has a claim against the home until the taxes are satisfied.

If you have a lien and you have trouble selling in Alabama, keep on reading. We’ll discuss the process of selling a home with a lien and how to receive cash home offers in Alabama.

Is Selling Your House With a Lien Possible?

Yes, you can sell a home with a lien. However, there is one caveat – the buyer must resolve the lien at closing. In other words, you can’t transfer a home’s title with an outstanding lien. Unfortunately, this complicates things for some buyers, as many don’t want to pay outstanding obligations on top of the purchase price. At the same time, realtors may be reluctant to work with a homeowner with a lien on their property.

Fortunately, there’s one unquestionable way to sell your home in Alabama with a lien: the cash buyer method.

Sell Your House With a Lien: The Cash Buyer Method

Working with a cash buyer, such as RHED Key, is the right way to sell your home in Alabama. We have made dozens of cash offers with a turnaround time as quick as 24 hours. When you work with a cash buyer, you don’t have to worry about negotiating or paying steep fees. Moreover, you don’t have to make expensive repairs to get your home in tip-top shape. We’ll make an offer on your home as it is today. Liens are no problem, either! Get in touch to learn more about the process.

Should You Sell Your Home with a Realtor?

If you have a lien on y our home, you can still work with a realtor. However, it’s not the best approach. Selling your house with a lien on the MLS may take longer, as many buyers prefer a home with a clean title. You should also remember that realtors charge a 6% commission, which can eat away at your proceeds. If you want cash quickly, sell your house in Huntsville to RHED Key Properties.

Get a Cash Offer from RHED Key Properties Today

Don’t let a lien stop you from getting a fair offer on your home. Whether you’re moving out of the state or downsizing, we’re ready to make a deal. We buy houses in Alabama, and we’ll give you a cash offer in as quick as 24 hours! Please reach out to us today to learn more about selling your house with a lien.