High 5 Atlanta

Picture this: after countless hours of searching, open houses, and scrolling through listings, you finally find the house that checks all the boxes. But just as you’re ready to make it yours, you discover something unsettling—a lien on the property. 🚩

A lien can complicate things fast, but with the right approach, you can ensure a smooth purchase and avoid unexpected surprises down the line.

Here’s what you need to know:

✅ Mortgage liens – These stay on the property until the mortgage is fully paid. Make sure all mortgage liens are resolved before you buy.

✅ Income and property tax liens – Unpaid taxes? These could mean the government has first rights on the property’s sale. Check for any tax liens early on.

✅ Judgment liens – If there was a court case against the previous owner, a judgment lien might be attached. This needs to be cleared before moving forward.

✅ How to check for liens – Start with public records searches or work with a title company to uncover any claims on the property.

✅ Removing a lien – Insist that the seller clears all liens before closing to avoid any lingering issues!

Ready to buy now? Complete this Buyer Consultation form https://rb.gy/iozsh1

If you would like more information about getting your dream home, just text 404-301-4340 or use this link to schedule a discovery call https://tr.ee/I2A2C2bHBs
▪︎
Candis Conley
REALTOR® & CONSULTANT
Direct: 404.454.9048 (call or text, no VM)
Email: [email protected]
eXp Real Estate Brokerage ◇ agent/sponsor ID # 53214
●
High Five Atlanta
Office (404) 301-4340
www.high5atl.com

Picture this: You’re an entrepreneur who’s poured time, energy, and passion into building a thriving business. Now, you’re ready to turn those efforts into a lasting investment—a home. But using business funds for a down payment? That comes with a few considerations.

Here’s the scoop:

1️⃣ Personal vs. Business Finances: Lenders favor funds from personal savings as it shows individual financial stability. Tapping into business funds can raise red flags about income consistency and company health.

2️⃣ Proof is Essential: If you decide to use business resources, be ready to provide detailed documentation. This could include recent financial statements, tax returns, and proof that taking funds won’t disrupt your business’s cash flow.

3️⃣ Risk Factor: Lenders often ask, “Will this withdrawal affect your company’s stability?” They want reassurance that using business assets won’t impact operations, especially if your cash flow fluctuates.

For instance: Want to use $60,000 from your business account for a down payment? Be prepared to demonstrate that this won’t put your business at risk—and keep in mind, the higher the amount, the more documentation you’ll need.

Ready to buy now? Complete this Buyer Consultation form https://rb.gy/iozsh1

If you would like more information about getting your dream home, just text 404-301-4340 or use this link to schedule a discovery call https://tr.ee/I2A2C2bHBs
▪︎
Candis Conley
REALTOR® & CONSULTANT
Direct: 404.454.9048 (call or text, no VM)
Email: [email protected]
eXp Real Estate Brokerage ◇ agent/sponsor ID # 53214
●
High Five Atlanta
Office (404) 301-4340
www.high5atl.com