by sweet one on October 15th, 2009

sweet one

Question

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Can I sell my home if there is a lien on it and I don't have enough money to pay it off?

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Answers. 5 helpful answers below.

  • by Thriftymaid on October 15th, 2009

    Thriftymaid

    No, the lien needs to be satisfied before the closing. No one would want to buy it otherwise. You can't warrant clear title because you don't have it.

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  • by Derf on October 15th, 2009

    Derf

    You can sell it but you will still be responsible for the outstanding balance.

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  • by Sharona Life is a Tale Told by an Idiot on October 15th, 2009

    Sharona Life is a Tale Told by an Idiot

    Good luck/

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  • by john pennington on October 15th, 2009

    john pennington

    Somewhere in the middle of your question is the lienholder of your home.

    They have to be satisfied first, before any thought of a sale can be started by you.

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  • by sweet one on October 15th, 2009

    sweet one

    Sorry new to the site, not sure how I add to my question-- I have a first and second mortgage and the second is settling for what is left. This 3rd lien is for an unsecured loan, and this is on a home I no longer live in (not my primary residence). Could I possible get it moved to my primary residence, as I really want to sell this home. The amount of the 3rd lien is 15K.

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