Sat, Jul 04, 2009
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Lien on property |
fwdmarch
2 Posts
Member Since: 02/16/2003
Atwater, CA
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Posted: 19:31 on 03-17-2003
Thank you in advance for any replies! I have property that was trnsfrd to me by my parents about 6 yrs ago. It is a vacant lot and a half in residential area. I later found out that there is a lean on it from the late 70's early 80's from when the curbs were installed. Lean is about $2000.00 or so. The property has no mortgage on it, deed is solely in my name. I would like to build a house on it and rent it out I would like to do this using the property as collateral if possible, (no money down to have house built) or is this even possible?
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Posted: 00:29 on 03-28-2003
Good Thinking! Anything is possible and I might be able to help, please email me your phone number and I will call you back tomorrow. What city,state are you from and have you already paid the taxes on it? Do you have or have you ever had a home before?
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