Q. I need to short sell my Atlanta area home and I have more than one mortgage and a possible HOA lien. What should I know about lien priority?
Liens are statutory claims that may be filed against an owner’s property interest, as long as the lien claimant complies with lien laws.
In a Atlanta GA real estate transaction, “lien priority” refers to the position of one lien over another, which determines which gets paid first in a payoff from a normal market real estate sale, short sale or foreclosure. If a lien … (3 comments)
atlanta area home sellers: Best Atlanta Short Sales HAFA Eligibility Surveys Now Available
- 08/26/11 04:01 PM
Best Atlanta Short Sales HAFA Eligibility Surveys Now Available Do you think you might qualify for a government-assisted short sale or loan modification? When faced with the possibility of foreclosure, I’ve seen too many homeowners make mistakes because they hadn’t been advised by a qualified professional. That’s why my BestAtlantaShortSales.com web site now contains eligibility surveys for government programs offering help to distressed homeowners, including the Home Affordable Foreclosure Alternatives Program, or HAFA, which increases the likelihood of a successful short sale and often provides the seller a cash relocation incentive up to $3000.
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How Will Lien Priority Effect My Atlanta GA Short Sale?
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