Thanks for the kind words, Gabriela! We're glad you found this video helpful. If you have any questions or video suggestions, please let me know! We love viewer suggested content. Thanks for watching and we hope to hear from you again!
Hi, there! I'm so happy this content is helpful! Keep in mind that New Zealand real estate laws might be different from the laws described in this video. Let us know how your study goes and we hope to hear from you again!
Hi, Carson. Thanks for watching and commenting. We're so happy our videos help you learn and feel confident while getting your license! If you have a moment, please like the video, subscribe to our channel, and hit the bell icon! That's the best way to get notified when we release a new video like this one. Doing so also helps more people like yourself find our channel and it helps us grow so we can continue making helpful videos for students. Thanks again for watching and we're wishing you all the best in your studies and future real estate career!!
You are amazing at explaining real estate terms! I have trouble paying attention for long periods of time which is probably one of the reasons why I obtain the information so well from your videos since they are short. Thank you for sharing!
I'm so glad! Thank you for watching, M.B! If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. That's the best way to stay notified when I release a new video - like this one - and it also helps support the channel so I can make even more great content. Thanks again for watching and I hope to hear from you on another video!
Other videos you had closed caption and this one video has no closed caption. Would you add feature on your video closed caption. Because I am deaf would love to learn more in real estate. :-)
I'm confused why you don't want to buy a house with a lien... Is the seller required by law to settle the lien before the deal closes? Or does the responsibility of settlement fall on the buyer if the deal closes
Thanks for watching, Sajé! Sharing this video with colleagues or friends who you think would find value from it helps our channel grow so we can continue making great videos like this one. Thanks again!
Quick question: If the bank has a lien on my car, and I pay off 99% of the car and default, can the bank take my car? Or does my 99% payment of the car grant me any property interest in the car?
Informative site. Years ago, my mother signed over the deed to her house to my sister and I. I ran into some tough times about 20 years ago, and couldn’t pay on some credit cards. So, a 3rd party, a law firm whom I had no relationship with stepped in and sued me for the money I owed to Macys, Home Depot, etc. It’s a Civil matter of some kind. It’s been 20 or more years. I know they don’t want a house. Can these individuals be negotiated with? I don’t even know the amount since it’s been so long. Thanks
Glad you like them! It really means a lot that you enjoy watching the videos. If you have a moment, please support this channel by liking this video, subscribing to the channel, and hitting the bell icon. Doing so tells UA-cam to put our videos in front of more people like you so others can enjoy the content. Thanks for watching and please keep updated on all of the great things you accomplish in your career!
Thanks for the kind words! Congrats on enrolling in a RE School. If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release a new video. It also helps us grow as a channel so we can continue to produce new helpful videos like this one.
Excellent quality video! Thank you. Question... I loaned my aunt money to pay off her home mortgage. I had a promissory note completed and used her home as collateral. I'm have a first position lien. There are no other liens on this home. If my aunt goes into a nursing home down the road and Medicaid places a lien on her home will I be paid in full before Medicaid?
Hi, Sophia! Thanks for asking this question. You're right! The lien is attached to the title of the house as an encumbrance. So, whoever possesses the title will burden the encumbrance. So, what is the seller's incentive to pay the lien, then? Some encumbrances, such as liens, discourage people from buying the home. If the seller really wants to sell the house, they will need to resolve the lien or give the buyer the resources to resolve the lien. This is where the real estate agent comes in handy. The agent can use the liens as a negotiation tool to help the buyer get a better price for the home since there will be extra work in store for them. Alternatively, the agent can tell the seller "resolve the lien and we got a deal!" In which case, this could motivate the buyer to resolve the lien. Hope this helps and thanks for watching! Also, THANKS FOR SUBSCRIBING! You rock!
buying foreclosure Courthouse step. so I get a title search two weeks before auction and things checkout good, am I good to go? or is there a risk for new liens, encumbrances, unpaid taxes, utility bills Etc. to accumulate as I'm waiting for the auction? (I've been told people try to slap liens on a property going to foreclosure right before the sale. not sure if there's any weight to that)
If a seller cancels a contract after changing the closing date twice, due to cold feet or change of heart, can buyer put a judgment lien on the property and how?
Im studying liens right now and have a question: Once a lien is placed on a house is it impossible to sell? And does the seller always pay it off or do the new homeowners pay it off?
Good question! Thanks for asking. Liens do not make a home impossible to sell. It's doable. But, it will deter home buyers from buying the property because, once they do, the lien becomes their problem. You can work around liens by negotiating with the home owner with the argument of "give the home buyer $x off the listing price to compensate for the lien" or "Take care of the lien and you have a buyer ready to purchase." A lien can be a great tool or a headache depending on how you look at it. Hope this helps! Please let me know if you have any other questions. I'm always happy to help.
Hi, Jai! We're so happy this video was helpful! If you have a moment, like the video, subscribe to our channel, and hit the bell icon. That's the best way to get notified when we release a new video like the one you just watched. It's also a great way to help us grow and continue to produce more helpful content. Thanks again for watching!
Well, good news because we have a video program that comes with videos of my in-person lectures. If you're interested, here's the link: www.carealtytraining.com/real-estate-license-salesperson/ Thanks for watching, Kudzai! I really do appreciate the kind words and I appreciate your viewership. Hope to hear from you on another video!
I'm glad you enjoyed the video, Ayanleh! If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release another video. Doing so also helps support the channel so we can continue to make helpful videos like the one you just watched. Thanks for watching and I hope to hear from you again!
Thanks for watching, Randy! We're happy you found this video helpful. Be sure to subscribe to our channel and click the bell icon to be notified whenever we have a new video.
Thanks for watching, Malva! If you have a moment, please like the video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release a new video. It also helps people find our channel and it helps us grow as a channel so we can continue producing videos. Thanks again for watching!
Hey Robert, thanks for making these videos. They're so helpful! Quick question: when you were describing a voluntary lien, you said that the SELLER puts a lien on their own house (a mortgage). Wouldn't it be the BUYER who is getting a mortgage for a new home they are trying to buy? Or am I getting something wrong?
@@USRealtyTraining Do you have any videos on perfecting contracts for wholesaling? Just ask because I like the way to explain things. Thank You so much.
Too kind! I'm glad you liked the video and I hope you stick around to watch some more of these videos. I love making them for people who want to learn. Thanks for watching, Marybeth - hope to hear from you on another one!
Thanks for watching! Be sure to share this with a friend or colleague. With more people watching, we can grow this channel to produce more helpful videos like this one. Thanks again!
So A lien is baggage on a house. so let me get this straight. A vendor puts a lien on the house so when it's Sold he gets paid 1st. so how was that baggage for the buyer? Do you think about what you're saying before you say it? The buyer is an affected by it. The buyer is coming up with the money that goes towards the house which the lean comes out of that money. The buyer still gets the house.
Hi, liens are transferrable from homeowners as they are attached to the property. When the house is sold, the money is NOT paid out to those who issued the lien. The buyer may choose to pay the lien with the proceeds from the house (like what you are suggesting) however they are not required to do so. Typically, the buyer will walk away from the deal as to not accrue additional debts or to avoid additional work convincing the seller to pay off the liens.
You got it! We release new videos every week and we have an exceptionally good one coming out today at 3 PM (PST). If you have a moment, like this video, subscribe to the channel, and hit the bell icon. Doing so is the best way to get notified when we release a new video and it helps support our channel by putting our content in front of more people interested in real estate. Also, we take viewer requested ideas! If you have a topic you would like us to cover, let me know and I can work with my content team to make it happen. Thanks for watching and I hope to hear from you again!
Thank you so much for your content. I learned more in 7 minutes of you speaking about liens than one hour of my professor going over the text book.
Thanks for the kind words, Gabriela! We're glad you found this video helpful. If you have any questions or video suggestions, please let me know! We love viewer suggested content. Thanks for watching and we hope to hear from you again!
What do you study
This man is so helpful, you learn more in 7 minutes than going through 100 pages of reading !!
Thanks for the compliment, Bessy! Glad this video helped.
You are amazing! I watched several videos about Lien and I couldn’t understand until I saw your video. Thank you SO MUCH!!!
You're very welcome! Glad this video could help you out. You got this, Erikitty!
Wow what a great trainer!!!! I finally understand this! Please bring him back!
Be sure to subscribe and stay up to date because there are some big projects with Robert coming down the pipeline.
I’m interested knowing more about a voluntary lien! Definitely do a video on that!
Hi Yuslic,
In our blog www.carealtytraining.com/real-estate-law-property-liens/ we discuss further involuntary and voluntary liens.
Tax records for abandoned PR poo ptt
I am studying Real Estate course in New Zealand. Your contents are helping me a lot and they are actually fun to watch! Thank you!
Hi, there! I'm so happy this content is helpful! Keep in mind that New Zealand real estate laws might be different from the laws described in this video. Let us know how your study goes and we hope to hear from you again!
Thank you for making your videos! These have really helped me not feel overwhelmed and feel more confident when getting my license. I appreciate you!
Hi, Carson. Thanks for watching and commenting. We're so happy our videos help you learn and feel confident while getting your license! If you have a moment, please like the video, subscribe to our channel, and hit the bell icon! That's the best way to get notified when we release a new video like this one. Doing so also helps more people like yourself find our channel and it helps us grow so we can continue making helpful videos for students. Thanks again for watching and we're wishing you all the best in your studies and future real estate career!!
You are amazing at explaining real estate terms! I have trouble paying attention for long periods of time which is probably one of the reasons why I obtain the information so well from your videos since they are short. Thank you for sharing!
Glad you found it helpful! Have you checked out my other videos?
Hey this might be a dumb question: What exactly stops a person from just getting liens indefinitely and never selling their property?
This was so helpful. Thank you! For some reason when I read about this in my course it was very confusing.
Glad that I could help you figure it out! Thanks for watching, Aminah
Thank you ! This was very Informative & you made it easy to understand!!👍🤗👍🤗
I'm so glad! Thank you for watching, M.B! If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. That's the best way to stay notified when I release a new video - like this one - and it also helps support the channel so I can make even more great content. Thanks again for watching and I hope to hear from you on another video!
Love the positive ending thank you !!!!!
Glad you liked it! Thanks for watching and best of luck out there. Are you in the processing of getting your real estate license by the way?
Thanks a lot as always your teaching explanation is very clear and easy.
Absolutely. I'm always happy to help explain things - glad you enjoyed the video and watching the channel.
Thank you so much for the video with added encouragement! God bless
Glad it was helpful! Thank you for watching!
thanks so much for your explain LIEN , greats from jersey
Glad it was helpful! Thanks from LA!
Other videos you had closed caption and this one video has no closed caption. Would you add feature on your video closed caption. Because I am deaf would love to learn more in real estate. :-)
Thanks for letting me know! I'll be sure ensure closed captions is selected on these videos moving forward! Thanks for watching!
Thank you so much for this video. It was very informative.
You are so welcome! Glad you liked it.
THANK YOU! ABSOLUTE LEGEND! REALLY HELPING ME OUT SO MUCH!
Absolutely! Glad I could help. Thanks for watching and be sure to check out my other videos.
You are a great explainer. Thank you.
You are welcome! Thank you for watching.
Thanks for the information. Great teacher
Glad you enjoyed it!
I love the way you teach!
Thanks! Much appreciated. Are you planning on getting your license?
@@USRealtyTraining yes! Studying right now for Nevada
I'm confused why you don't want to buy a house with a lien... Is the seller required by law to settle the lien before the deal closes? Or does the responsibility of settlement fall on the buyer if the deal closes
The settlement would fall on the buyer if the deal closes. Liens transfer with the property and not the seller.
Really appreciate this video. Looking up to you as a career model for sure. More videos PLS !
Thanks for watching, Sajé! Sharing this video with colleagues or friends who you think would find value from it helps our channel grow so we can continue making great videos like this one. Thanks again!
Quick question: If the bank has a lien on my car, and I pay off 99% of the car and default, can the bank take my car? Or does my 99% payment of the car grant me any property interest in the car?
Very forceful, articulate and good conceptualisation ... grace
Forceful?? Yikes! Hope this doesn't sound forceful! This is supposed to be fun and simple! Regardless, thanks for watching and dropping a comment.
You’re awesome Robert thanks 🙏
You are very welcome! Thank you for watching, Cliff.
how do i know when reading a title commitment or warranty deed if the new buyer has a lien
Man ... always the Best. God bless
Glad this helped you out. Thanks for watching, Lisa. Hope you subscribed!
Thanks for the helpful information you give us!!!!!
Glad it was helpful! Thanks for watching.
Thanks for this video super helpful
Glad to hear it! Thanks for watching.
Dude great video love the energy
So glad you enjoyed the video. Thanks for watching.
Informative site. Years ago, my mother signed over the deed to her house to my sister and I. I ran into some tough times about 20 years ago, and couldn’t pay on some credit cards. So, a 3rd party, a law firm whom I had no relationship with stepped in and sued me for the money I owed to Macys, Home Depot, etc. It’s a Civil matter of some kind. It’s been 20 or more years. I know they don’t want a house. Can these individuals be negotiated with? I don’t even know the amount since it’s been so long. Thanks
Can a lawyer from a small claims court put a lien on my mobile home
this explanation has truly helped me! now subscribing
So glad it helped! Thanks for the subscribe!
Love love your videos! You make it very easy to understand!
Glad you like them! It really means a lot that you enjoy watching the videos. If you have a moment, please support this channel by liking this video, subscribing to the channel, and hitting the bell icon. Doing so tells UA-cam to put our videos in front of more people like you so others can enjoy the content. Thanks for watching and please keep updated on all of the great things you accomplish in your career!
Once a lien is removed, can it ever be seen again? Or can only current liens be seen? Thank you!
Your a cool guy, thank you! I'm in r.e school right now
Thanks for the kind words! Congrats on enrolling in a RE School. If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release a new video. It also helps us grow as a channel so we can continue to produce new helpful videos like this one.
love the enthusiasm. great info
Glad you enjoyed it! Thanks for watching and don't forget to like, subscribe, and hit the bell icon!
GREAT EXPLANATION ! THANK YOU!
Glad you liked it, Daria! Thanks for watching.
Great video, thank you.
You are welcome! Thank you for watching.
Excellent quality video! Thank you. Question... I loaned my aunt money to pay off her home mortgage. I had a promissory note completed and used her home as collateral. I'm have a first position lien. There are no other liens on this home. If my aunt goes into a nursing home down the road and Medicaid places a lien on her home will I be paid in full before Medicaid?
If a buyer buys a house with a lien on it, and the seller never settles it, does the lien become the new owner's burden to pay?
Hi, Sophia! Thanks for asking this question. You're right! The lien is attached to the title of the house as an encumbrance. So, whoever possesses the title will burden the encumbrance.
So, what is the seller's incentive to pay the lien, then?
Some encumbrances, such as liens, discourage people from buying the home. If the seller really wants to sell the house, they will need to resolve the lien or give the buyer the resources to resolve the lien.
This is where the real estate agent comes in handy.
The agent can use the liens as a negotiation tool to help the buyer get a better price for the home since there will be extra work in store for them. Alternatively, the agent can tell the seller "resolve the lien and we got a deal!" In which case, this could motivate the buyer to resolve the lien.
Hope this helps and thanks for watching! Also, THANKS FOR SUBSCRIBING! You rock!
buying foreclosure Courthouse step. so I get a title search two weeks before auction and things checkout good, am I good to go? or is there a risk for new liens, encumbrances, unpaid taxes, utility bills Etc. to accumulate as I'm waiting for the auction? (I've been told people try to slap liens on a property going to foreclosure right before the sale. not sure if there's any weight to that)
AMAZING content! Tysm
Anytime! Thanks for watching.
If a seller cancels a contract after changing the closing date twice, due to cold feet or change of heart, can buyer put a judgment lien on the property and how?
Let's talk about Commercial liens please. Thanks I really appreciate your energy & content.
Noted! Thanks for the suggestion.
You’re my favorite professor 😌
That means so much to me! Thank you so much for the kind words.
Love your videos! Thank you so much
You are so welcome! Thanks for watching and being a SUBCRIBER! You rock!
Can you explain a cloud versus a lien
How long is a lien valid for in the state of Texas
Fantastic video.
Glad you enjoyed it. Thanks for watching.
Im studying liens right now and have a question: Once a lien is placed on a house is it impossible to sell? And does the seller always pay it off or do the new homeowners pay it off?
Good question! Thanks for asking.
Liens do not make a home impossible to sell. It's doable. But, it will deter home buyers from buying the property because, once they do, the lien becomes their problem.
You can work around liens by negotiating with the home owner with the argument of "give the home buyer $x off the listing price to compensate for the lien" or "Take care of the lien and you have a buyer ready to purchase." A lien can be a great tool or a headache depending on how you look at it.
Hope this helps! Please let me know if you have any other questions. I'm always happy to help.
ohh i thought that going back to the pool example, if the owner sells the house, the contractor gets a part of the sale. guess not.
No. The liens transfer with the property. The seller is not obligated to settle the lien once the house is sold.
This is great info, thank you very much
Hi, Jai! We're so happy this video was helpful! If you have a moment, like the video, subscribe to our channel, and hit the bell icon. That's the best way to get notified when we release a new video like the one you just watched. It's also a great way to help us grow and continue to produce more helpful content. Thanks again for watching!
love the way you explain these concepts! wish you could swap with my lecturer hahaha
Well, good news because we have a video program that comes with videos of my in-person lectures. If you're interested, here's the link: www.carealtytraining.com/real-estate-license-salesperson/
Thanks for watching, Kudzai! I really do appreciate the kind words and I appreciate your viewership. Hope to hear from you on another video!
@@USRealtyTraining thank you so much! Property law has never been easier now😊
I thought a lien had to be brought via lawsuit/judgment. Can someone just put a lien on a property by just going to county recorder’s office?
APPRECIATE YOUR HELP SIR
ANYTIME!
Who is this guy? I like his teaching style and teaching approach.
Robert Rico, head instructor of US Realty Training! Glad you enjoyed the video.
thank you sir am into real estate and am watching your videos while i do training with cody sparper at clever investor.....
I'm glad you enjoyed the video, Ayanleh! If you have a moment, please like this video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release another video. Doing so also helps support the channel so we can continue to make helpful videos like the one you just watched. Thanks for watching and I hope to hear from you again!
Thanks. Awesome video Sir
Thanks for watching, Randy! We're happy you found this video helpful. Be sure to subscribe to our channel and click the bell icon to be notified whenever we have a new video.
Great video
Glad you enjoyed it! Hope you subscribed to the channel for more.
you are the man
Thanks again!
Thanks!
Thanks for watching, Malva! If you have a moment, please like the video, subscribe to the channel, and hit the bell icon. That's the best way to get notified when we release a new video. It also helps people find our channel and it helps us grow as a channel so we can continue producing videos. Thanks again for watching!
So can your house be foreclosed because it has a lien on it?
In some cases, yes!
Hey Robert, thanks for making these videos. They're so helpful! Quick question: when you were describing a voluntary lien, you said that the SELLER puts a lien on their own house (a mortgage). Wouldn't it be the BUYER who is getting a mortgage for a new home they are trying to buy? Or am I getting something wrong?
I think he means that when the seller initially bought the house he/she put it on :)
Thank you for Making America "Simple" again.
you are amazing, very wise very smart
Thank you! 😃
Great vids
Thanks, Dale. I'm glad you liked it!
@@USRealtyTraining Do you have any videos on perfecting contracts for wholesaling? Just ask because I like the way to explain things. Thank You so much.
@@dalemcbride3530 I don't. But, that sounds like an interesting topic. I'll pass this along to my content team.
I'm thinking.. hey I like this guy.
Too kind! I'm glad you liked the video and I hope you stick around to watch some more of these videos. I love making them for people who want to learn. Thanks for watching, Marybeth - hope to hear from you on another one!
What about foreclosures
Love it thanks!
Thanks for watching! Be sure to share this with a friend or colleague. With more people watching, we can grow this channel to produce more helpful videos like this one. Thanks again!
Nice 👍🏼
Thanks 👍
i love this guy lol
glad you liked the video! thanks for watching, Rahil!
What about a Judgment Lien?
So A lien is baggage on a house. so let me get this straight. A vendor puts a lien on the house so when it's Sold he gets paid 1st.
so how was that baggage for the buyer? Do you think about what you're saying before you say it? The buyer is an affected by it. The buyer is coming up with the money that goes towards the house which the lean comes out of that money. The buyer still gets the house.
Hi, liens are transferrable from homeowners as they are attached to the property. When the house is sold, the money is NOT paid out to those who issued the lien. The buyer may choose to pay the lien with the proceeds from the house (like what you are suggesting) however they are not required to do so. Typically, the buyer will walk away from the deal as to not accrue additional debts or to avoid additional work convincing the seller to pay off the liens.
Pretty forceful... good articulation and clear conceptualisation... grace reddy
Forceful?? Yikes! Hope this doesn't sound forceful! This is supposed to be fun and simple! Regardless, thanks for watching and dropping a comment.
💪🏻👍💯 you’re cool
Thanks, George. Show your friends and colleagues how cool we are by sharing this video with them! Doing so helps us make great videos like this one.
Do you have to say everything 5 times
👌
Thanks for watching!
You have some GTA vibes
Thanks! (I hope)
make more vids plz
You got it! We release new videos every week and we have an exceptionally good one coming out today at 3 PM (PST). If you have a moment, like this video, subscribe to the channel, and hit the bell icon. Doing so is the best way to get notified when we release a new video and it helps support our channel by putting our content in front of more people interested in real estate. Also, we take viewer requested ideas! If you have a topic you would like us to cover, let me know and I can work with my content team to make it happen. Thanks for watching and I hope to hear from you again!
Mortgage please 🙏
Thanks for the suggestion, Sarah!
CA Realty Training you are the best 👍
Comin june
Thanks for watching!
Who is this guy
Robert Rico, head instructor of US Realty Training!
Property Liens
Thanks for watching!