Liens Attached: What to Know Before You Buy
Most buyers want a carefree home buying experience and therefore, may shy away from potential issues like properties with liens attached. To help you understand what makes buying one of these properties unique, read on for some guidance. Why Does the Home Have a Lien? Liens are sometimes placed by creditors as a way of ensuring payment. For example, if you need to have some major surgery and are a homeowner, the hospital might place a temporary lien on your property while awaiting payment.
Top Tips for Buying a Waterfront Home as a Vacation Rental
You may be considering buying a property to use a vacation rental for extra income. You also might like to use the property yourself once in a while for your own vacations. One of the most popular types of vacation rentals is a waterfront or beachfront home. If you are looking at waterfront homes for sale and would like to use this home as a vacation rental and potentially for your own use occasionally, there are some things you should know.