Why Conducting A Municipal Lien Search Is Vital

Posted on: 10 August 2021

If there is a property that you are interested in purchasing, especially if it is going up for an auction, you will want to make sure that you are taking the time to conduct a municipal lien search. This is something that you can do on your own, or you can hire a lien search company to do it for you. Either way, these are some of the reasons why such a search is vital:

You Will Find Out If There Are Past Due Bills

Some municipals manage the water, sewage, and garbage collection for their residents, versus it being handled by an outside company. If the previous owner did not pay those bills, the municipality could have attached a lien on the property. This means that they need to be paid in full before they will release that lien. This is important for you to know about as soon as possible because this lien could delay the closing of the property.

You Will Learn If There Were Previous Liens

You will also want to know if there were any previously recorded liens by the municipality. The reason for this is because you will want to double-check to make sure that the liens were properly removed from the deed records. If the lien was not properly removed, it may still appear to be an active lien, and this too can delay your ability to purchase the property. If you want to get into the home as soon as possible, you will want to check to make sure that the deed is free and clear of all liens.

You Want Record Of Your Search

It is a good idea to make sure that you are printing the results you receive from the deed lien search. This way, if something were to pop up on record later on, such as a lien that was recorded much later than it should have been, you may be able to use your lien search record to fight it, as you were not aware of such issues. This means that you were not given ample time to decide how to handle it. You will want to keep your search result papers in a secure place so you do not lose them.

If you are ready to get started, you will want to check out some of the local lien search companies that can do this work for you.