Liens, judgments, title issues, or encumbrances can cause a cloudy or defective title because it makes it difficult to discern the proper owner. In addition, a cloudy or defective title creates issues if you need to sell your home because most buyers use traditional lenders to attain a mortgage. When buyers qualify for a loan, one step in the process is for a title search performed on the property; lenders usually require title insurance.
Buyers avoid properties with liens or under the foreclosure process because of the cloud created on the title. It can be extremely frustrating to need to sell your home yet lack the funds to clear the cloud yourself. In nearly every case, unless you should find a buyer who is willing to take on your troubles, the cloudy title will prevent you from selling. Read on as we explore how you can sell a house with a cloudy title in Baltimore.
Taxes
If you owe back taxes to the government, you’ll need to work with a qualified tax advisor to create a payment plan. Once you’ve paid off your debt, you’ll be able to move forward with selling your house. At CR of Maryland LLC, we’re experienced in buying houses with cloudy titles due to back taxes. We offer guaranteed closings and can typically close on a house within days. We’re also flexible when it comes to setting a closing date, so we can work around your schedule. If you’re ready to sell your house and need help dealing with back taxes, contact us today. We’ll make the process as easy and stress-free as possible.
Title Company
Working directly with a title company to help you sell a house with a cloudy title in Baltimore by clearing the title is one option. However, you should be aware that this process takes time and will require you to resolve the issue or have the encumbrance removed and dismissed if previously resolved or the cloud is an error. Reputable title professionals can help you devise a strategy dependent upon the type of debt to tackle the issue and move forward. Or, let seasoned experts like those at CR of Maryland LLC help you handle everything. And because our local direct buyers buy houses as-is for cash at CR of Maryland LLC, you won’t need to worry about prepping or making repairs before the sale, marketing expenses, or the hassles of showings, saving you even more time and money. Work with our in-house full-service network of providers at CR of Maryland LLC to handle any problem homeowners face with ease, including cloudy titles.
CR of Maryland LLC
If you need to sell a house with a cloudy title in Baltimore, the best solution is a direct sale to CR of Maryland LLC. Selling directly to CR of Maryland LLC is a quick and easy process that can with no commissions, closing costs, or hidden fees. So talk to one of our seasoned pros at CR of Maryland LLC with no obligation and find out how we assist you with your unique set of circumstances and help you find the best resolution. At CR of Maryland LLC, we understand communication is key to success. That is why we stop everything and listen, taking the time to address any of your concerns and answer your questions, walking you step by step through the process. Call CR of Maryland LLC at (443) 391-7080.