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Decoding Property Liens: Analytical Insights for Real Estate Investors

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Manage episode 425650365 series 2911349
Content provided by David Pelligrinelli. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Pelligrinelli or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Introduction:

  • Welcome to the podcast with Dave Panelli, certified title abstractor and examiner.
  • Explaining the correct spelling and definition of "lien" on a property.

Types of Liens:

  • Mortgage Liens:
    • Definition and voluntary nature.
    • First mortgage vs. second mortgage determination.
    • Priority based on recording date.
  • Tax Liens:
    • Overview of IRS tax liens.
    • Blanket lien across properties in a county.
    • Priority status over other liens.
  • Judgment Liens:
    • Issued by courts against property owners.
    • Automatic encumbrance on properties.
  • Environmental Liens:
    • Specific to commercial properties.
    • Concerns over environmental hazards and prior claims.
  • Mechanics Liens:
    • Filed by contractors or suppliers for unpaid work or materials.
    • Steps to protect against mechanics liens.

Managing Liens:

  • Lien Releases:
    • Importance of obtaining lien satisfaction documents.
    • Ensuring clear title through proper documentation.

Conclusion:

  • Importance of understanding and managing property liens.
  • Invitation to engage in further consultations or discussions.

Outro:

  • Reminder of consultation services available.
  • Encouragement for audience feedback and comments.

Call to Action:

  • Visit the website for more information or to schedule a consultation. Click Here!
  continue reading

1152 episodes

Artwork
iconShare
 
Manage episode 425650365 series 2911349
Content provided by David Pelligrinelli. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by David Pelligrinelli or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Introduction:

  • Welcome to the podcast with Dave Panelli, certified title abstractor and examiner.
  • Explaining the correct spelling and definition of "lien" on a property.

Types of Liens:

  • Mortgage Liens:
    • Definition and voluntary nature.
    • First mortgage vs. second mortgage determination.
    • Priority based on recording date.
  • Tax Liens:
    • Overview of IRS tax liens.
    • Blanket lien across properties in a county.
    • Priority status over other liens.
  • Judgment Liens:
    • Issued by courts against property owners.
    • Automatic encumbrance on properties.
  • Environmental Liens:
    • Specific to commercial properties.
    • Concerns over environmental hazards and prior claims.
  • Mechanics Liens:
    • Filed by contractors or suppliers for unpaid work or materials.
    • Steps to protect against mechanics liens.

Managing Liens:

  • Lien Releases:
    • Importance of obtaining lien satisfaction documents.
    • Ensuring clear title through proper documentation.

Conclusion:

  • Importance of understanding and managing property liens.
  • Invitation to engage in further consultations or discussions.

Outro:

  • Reminder of consultation services available.
  • Encouragement for audience feedback and comments.

Call to Action:

  • Visit the website for more information or to schedule a consultation. Click Here!
  continue reading

1152 episodes

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