by 
The Curious Bag
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There are many different types of liens that can be placed on your home by creditors. A mechanic's lien is the most common. A property that carries a lien could be forced into sale by the creditor.
Mechanic's Lien
A mechanic's lien, also known as a construction lien, is a statute that allows a contractor to place a claim on your property. The claim is stating that you owe the contractor money for work done to your property that hasn't been paid.
Multiples
A contractor can put more than one lien on the home, if he is owed for multiple pieces of work. Similarly, more than one contractor can place a mechanic's lien on the home.
Features
A contractor can only place a mechanic's lien on your property if the work done has improved the property on which the lien has been placed.
Consequences
It can be difficult to sell or refinance a property that has liens on it. A bank will want the liens to be paid and settled before it will approve a loan for a mortgage.
Duration
Every state has different requirements and durations for mechanic's liens. However, once a contractor files a lien on your home, he must notify the homeowner by sending her a copy of the lien.
Source:
"New York Times;" Typing up a House With a Lien; Jay Romano; January 20, 2002
Resource:
Lectric Law Library: Definition of a Lien
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