As a hardworking contractor or repair worker, the last thing you want is to lose out on the money owed to you. At a retail store, a customer doesn’t just walk on home with a product without first paying. But working on a home renovation—be it electric wiring, appliance installation, sheetrock repair, and more—isn’t like […]
Category: Mechanics Liens
construction liens, construction loans, Kansas city federal reserve bank, land development loans, Mechanics Liens
A report from the Kansas City Federal Reserve Bank
According to Bizjournals, the Federal Reserve Bank of Kansas City which regulates banks in a seven-state region, allowed for land development and construction loans to be made during the second quarter. According to the recent report by the Federal Reserve Bank of Kansas City, the banks only netted a profit of $110 million over loans in […]
Filing Califonia Mechanic’s Liens
In California, liens filed on private property are known as Mechanic’s Liens. When a California mechanic’s lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. In most circumstances, California does not allow mechanic’s liens to be filed on government owned property. […]
construction liens, hurricane sandy, lien filing, lien filing service, lienitnow outage, Mechanics Liens, power failure
Thanks For Your Patience During Hurricane Sandy Outage
To all our valued clients, First and foremost, for anyone who was impacted by Hurricane Sandy, we hope that you and your family are safe and on the road to recovery. If there is anything that we at LienItNow can do for you, your firm or business, please let us know. It has been a trying […]
Is a buyer responsible for a lien that does not appear on a title report, but is filed before the real estate closing?
Over the past couple of weeks, we received variations on the following question from homeowners, contractors, and others: “Is a buyer responsible for a lien that does not appear on a title report, but is filed before the real estate closing? Will the buyer be responsible for paying the lien, such as tax or mechanic’s […]