Horror Tale: A family in Texas had a large oak tree limb hanging hazardously above their house, so they decided to have it cut down. The tree man told them no special permits were needed. However a nosy neighbor reported them to the local district, and they were cited for being in violation of a policy involving the removal of trees. The homeowners re-landscaped, and the district inspected the new plantings and indicated they had fulfilled the obligation. They were respectable and did everything properly, or so they were told.

Roll forward 5 years later when they hit some hard times, and they looked to take a new loan out on their home.Can you imagine the alarm on finding out that a lien was placed on their home to the tune of 125 thousand dollars for not responding to the tree removal violation!

This is an bad report, and you're thinking and hoping, thank heavens it's not me. But be conscious of the risks so it does not happen to you.

Statistics show that nearly forty percent homeowners in the U.S. have, or will have, a lien or judgment placed against their residence. For whatever reason a lien is placed on a victim's home, you needs to have it removed before you can sell or refinance a victim's residential home.

If you are in a financial need, one of the best ways to help pay your debts is to tap the value in your home. The last thing you want to happen is to find out at the last second you have a lien against you that must be solved in order to proceed with the loan. You need to figure out a way to search nationally to find past-due liens against your residential home. Review the details thoroughly. Better to know about these problems now rather than later so you have time to straighten out the matter and have it removed.

The other danger in having an outstanding lien is that the lien holder can attempt to foreclose on the lien and force you to sell your property in order to pay the debt. You want to sell or refinance your home when it is convenient for you, not them. So the sooner you know about the lien, you will be able to correct any mistakes or find the money to pay off the debt.

There are also loan sharks out there that buy tax liens and then try to foreclose in order to obtain residence , in effect stealing it from you. Don't let this happen to you or your family! Find out today if there are any liens against your property.

If the government or a company is "Liening" on your home don't pause and do nothing! There is by and large a time period of quite a few years following which a lien expires and cannot be enforced if neither the the holder of the lien nor the homeowner takes any action. But keep in mind the lien could show up on your credit report lowering your score, and a tax lien can last for ten years. During that time period the tax man or the state can take your land or put a lock on any of your bank accounts, sometimes even those you own jointly with another individual. So don't delay and dilly-dally and wait for the lien to be fixed on its own.