What is the difference between a mortgage&a lien?

Answer A mortgage is when a home is pledged as security for a loan. Mortgages are also considered liens, but a lien is not a mortgage. Liens are a form of security interest granted over a particular type ... Read More »

Top Q&A For: What is the difference between a mortgage&a lien

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Can a collections attorney put a lien on you for unpaid debt and What can they lien if you own nothing?

Since you chose this category (condominiums , co-ops and home owners associations), it's possible that an attorney found your name on the title to a condominium unit. It's a good idea for you to co... Read More »

What Happens if You Purchase a Home at a Tax Lien Sale & There Is a Mortgage Lien Owed?

Foreclosure on a tax lien may eliminate the mortgage lien attached to the property, which means you may be able to buy clear title to the foreclosure property. However, the answer depends on what t... Read More »

What Does a Tax Lien Foreclosure Mean to a Lien Holder?

Foreclosure on a tax lien could potentially eliminate all other liens on the property. The answer depends on whether the lien being foreclosed on is a property tax lien or an Internal Revenue Servi... Read More »