What Is A Judgment Lien?

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A judgment lien is a court ordered lien that is placed against the home or property when the homeowner simply fails to pay a debt. This doesn’t seem like a big deal, but when the homeowner has a judgment lien against his or her home and wants to sell it, the judgment lien has to be paid in full before the home or property can be sold. Judgment liens can be placed against the property for a variety of reasons such as unpaid credit card bills, utility bills, department store bills, landscaping or home improvement bills, and just about any bill that the homeowner has failed to pay in a reasonable amount of time. Any bill that can cause one to end up in court can result in a judgment lien.

A judgment lien is different than a trust, in that the judgment lien holder cannot foreclose on the home or the property as trust holder can. Judgment lien holders can demand payment, but ultimately they must wait for the homeowner to sell the property before they can expect to be paid the money that they are owed according to the judgment. Luckily for the judgment lien holder, the court will typically assign an interest rate to these liens so that the lien holder is compensated for their waiting as the interest will continue to accrue until the debt is paid in full. Because the majority of people will live in their home for quite some time, the interest can make a judgment lien grow, and grow, and grow over the years so that it is quite large. Imagine what a lien of just $3,000 would grow to over the years if the interest rate were 15% annually and that would be an even bigger amount if the debt were $5,000 or $10,000!

Of course, judgment liens require court action. A creditor will take the homeowner to court where the judge will determine if the homeowner does in fact owe the creditor any money. If the court decides that the creditor is owed the money, and the homeowner will not or cannot make payment, the judge will order that a judgment lien be placed against the property. The judgment lien will then be entered into land records offices for the city or county so that the home cannot be sold without repayment of the debt. Once the lien is filed with the land records office, the judgment lien is said to be attached to the property, meaning that it cannot legally be sold without paying off that lien. If the judgment lien is not listed at the land records office, then it means that the debt or lien is not legally attached to the property and does not need to be paid off to sell the home.

A home or property can have numerous liens against it, which may present a problem when the home is to be sold. Fortunately, the law says that liens will be paid off in … Read More

Finished Basement Idea Tour!

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Go to: to master how to wholly end a basement! Get Tips…Tips…Tips for your basement ending challenge. Watch this …

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Home Renovation Cupcakes

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Home Renovation Cupcakes

Purple velvet cupcakes lined in white fondant and topped with handcrafted fondant equipment like an exacto knife, a hammer, a noticed, a wrench, a screwdriver, and a work boot. Purchased for the birthday of a person who owns a profitable home renovation corporation.

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Posted by clevercupcakes on 2010-03-03 01:fifty eight:forty seven

Tagged: , Montreal’s Clever Cupcakes , Home Renovation , Equipment , Fondant , Cupcakes … Read More

The Owens Corning Procedure – Or A little something Like It

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If you want to install mold evidence panels in your basement, but you&#39re seeking for a less expensive alternative than merchandise from Owens Corning, well, then, the only point to do is glimpse for basement finishing wall partions identical to Owens Corning Procedure that retail at a lower price tag. Paneling can be a wonderful alternative if you have a significant basement and want to create different regions intended for distinct reasons. If you&#39d like to further more cut on fees, you can test installing the panels you, in which situation you&#39re heading to have to have a process marketed for Do-it-yourself lovers. Basement finishing wall partions identical to Owens Corning process are generally easy to assemble and do not definitely connect with for the seasoned support of a professional contractor for their installation.

Basement finishing wall partions identical to Owens Corning process can be effortlessly mounted with only the most simple modicum of home Do-it-yourself abilities. However, it&#39s always a fantastic thought to consider the cautious, tortoise-compared to-hare technique, and consider measurements at a number of areas in the basement, considering the fact that your basement, obtaining not been meant as an orderly dwelling place to get started with, may well not show a uniform length amongst partitions, or amongst the floor and the ceiling.

The Basement Tuxedo from Innovative Basement Products and solutions is a process intended by gurus in waterproofing. It is a different modular wall process that arrives in a number of colors but which can be painted (compared with the Owens Corning process). The panels include a dense, shut-cell foam that presents insulation. The panels can be effortlessly joined by way of a detachable taping process. The Basement Tuxedo delivers a glimpse that&#39s a bit much more comfy and home-like, compared to the Owens Corning process, which keep to a much more official, workplace-model aesthetic.

Basement Methods Inc also delivers basement finishing wall partions identical to Owens Corning Procedure in their Full Basement Ending process, which utilizes a wall panel style and design built from shut-cell foam insulation. Accompanying merchandise in their strains consist of floor and ceiling tiles intended to be utilized for easy, rapid renovation tasks. Their wall panels are affixed to floor panels in adequately rigid a style that they&#39re capable of standing on their very own. They consist of a central, stable concrete board, two and a 50 % inches of challenging foam insulation and a vinyl surface area, which is washable. It&#39s straightforward to carve up the place in your basement with these sturdy, desirable panels.

Nutech Basements present less expensive merchandise than Owens Corning, but have a a great deal smaller array when it arrives to floor tile and ceiling designs. If you&#39re generally interested in wall partitions, however, consider a fantastic squizz by way of their item array and you&#39ll most likely locate what you&#39re seeking for.

Champion delivers a basement conversion process that utilizes vinyl attachments to secure it to your partitions. The panels are fabric-protected and … Read More

Fantastic Cellular Home Remodeling Tips

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Cellular home remodeling suggestions need to be dealt with warily in order to prevent overspending and exceeding the value of the home. Renovating your mobile home require not be an obstruction. Just use your creativity to do it in a heat and fashionable way. If you reside in a mobile home you will have to do things a very little various than renovating a typical home. It is natural that your mobile home won’t beckon any urgent require to upgrade, irrespective of its extent. But when you examined it, you would be astounded that there are lots of mobile home remodeling suggestions that may well go well with you. Remodeling your mobile home will count usually on what you want to modernize in the internal recesses of your home.

Update Wooden Paneling

If your mobile home is a bit little bit ancient you potentially have the dreaded wood paneling. The main issue that you need to do is to paint it to achieve a much more country visual appearance. If you like the visual appearance of the wood paneling you can dapper it up by making use of some grease to draw out its natural shade. Just one much more alternative is to rip off the wood paneling and swapping it with sheet rock. The wood paneling can be smoothed with sandpaper till it is silky and glittery. You can also place wallpaper above it depending on the sample you extravagant to achieve.

Treatment for Ceiling

The most susceptible aspect precisely to blemishing is the ceiling of a mobile home. Stains are a popular trait of mobile home ceilings. Mainly when there is a roof leakage or h2o condensation droplet of h2o dribbles down on to the roof ceiling. Restoring it is a obstacle which needs specialist managing. Rims needs to be sealed and screw heads need to also be wrapped for a shiny complete. Ceiling supporters need to be established up with enormous prudence to make sure the bearing efficiency of the object and steer clear of any sorts of catastrophe.

Cellular home fixtures

When carrying out inside home improvement assignments preserve in brain that some resources utilized in mobile homes are various from these employed in common homes. Placing up doorknobs and taps is a very little little bit hard. Pick these that are produced precisely for mobile homes. In advance of getting a substitute make particular to extract the fixtures and measure all the holes. Exclusive screws and other equipment for fixture replacements are also indispensable so when acquiring new items convey along your present components with you.

Manufacturer’s Guarantee

When getting a manufactured home a manufacturer’s stability is consistently involved. Each customer need to preserve the guarantee and evidence of its coverage due to the fact this addresses the repairs when you do home renovation. In most cases the guarantee addresses the total document of all your interests.

Made homes are one particular of the diverse techniques for partners and family members to individual a home … Read More