Legal Question in Real Estate Law in Texas
I'f a person owns property and some one has put a lean or judgement on it can a person still sell the property by paying it at time of sell out of the money that that person will be getting?
Asked on 7/16/10, 11:05 pm
1 Answer from Attorneys
Roger Merrill
Merrill & Associates
Yes, a purchaser of the property will require the lien/judgment to be satisfied before or at the time of the sale. Keep in mind that the lien/judgment may have a high interest rate and that you might be able to negotiate a more favorable resolution of it if you do so before selling.
Answered on 7/17/10, 10:39 am