Owning a home in Massachusetts means that your property is taxed quarterly. These taxes help pay the town’s businesses, such as police, firefighters, education, etc. Usually, property taxes are added into one’s mortgage loan payment. However, after the mortgage is paid off, the homeowner is then responsible to continue paying their quarterly property taxes. If an owner does not pay, the town’s treasurer will place your name and property address on a Tax Title list.
Once you are on this list, a property tax lien is issued and recorded to the local County Registry of Deeds. A lien, in this situation, is a legal claim that specifies that payment for property taxes was not received by the town. In the city of Boston, for example, if taxes are not paid within six (6) months after the due date, a homeowner will receive a foreclosure citation and must appear in front of Land Court, where you will have to file a Tax Lien answer.
When attending to Land court, this legal process would allow you to make a payment plan for your unpaid property taxes. If you cannot pay the property taxes, another court hearing will be scheduled; if the court rules in favor of the town, they will take ownership of the property.
Selling House with a Property Tax Lien
To avoid all of this, you can contact us so that you can sell your house and we can make you a reasonable cash offer. The offer will include the amount that is owed for unpaid property taxes, that way the lien on your house will be paid for and the difference will be yours to keep. Don’t wait until you lose your house, fill out a request form today!
Those who live in Massachusetts know that sometimes people joke around and call it “Taxachusetts”. From the products you buy, to the money you earn, everything is taxed in Massachusetts. The agency that enforces taxes is the United States Internal Revenue Service (IRS).
One could say that the IRS enforcement of federal taxes can be viewed as a rent charged to citizens for the resources provided by the country. Now, if a homeowner does not pay their yearly federal taxes, they are at risk of receiving a Federal Tax Lien. This is a legal claim against a homeowners’ property when they fail or neglect to pay a federal tax debt.
Federal Tax Collection process
The federal tax collection process starts when a homeowner files their annual tax return and they are found to owe taxes, which must be paid. If it is not paid, after the IRS has attempted to send bills to the homeowner, then the IRS will garnish (take away) their wages as part of the Federal Guidelines for Garnishment.
Solutions for Federal Tax
Now that you have read to this point, you might be asking “What if there is a federal tax lien on my home?” Before a homeowner can refinance or sell their home, Federal taxes owed must be satisfied. But, what happens for homeowners that cannot afford to pay the Federal Tax lien? Here are some solutions:
Equity – If a homeowners’ property has equity, the lien on their house can be paid by the sales proceeds of the home, at the time of closing.
Discharge the Lien – If the home is being sold for less than the lien amount, the homeowner can make a request with IRS to discharge the lien to complete the sale.
Lien be made Secondary – If a homeowner has an existing mortgage, they can request IRS to make the lien secondary to the mortgage lender’s lien as a way to refinance the mortgage.
Selling House with a Federal Tax Lien
If by now, you have tried and exhausted all efforts to pay back your federal taxes, the best solution to is to please give us a call. We buy homes from homeowners who owe unpaid federal taxes. We can give you a No-obligation cash offer, within 24 hours, of seeing your home. Don’t wait… Now might be a good time to sell before you are subject to the garnishment of your wages by the IRS.
Whenever a homeowner hires a contractor (general or, individual subcontractors such as a plumber, electrician, HVAC, remodeler, etc) to help make improvements/repairs on one’s home, it is expected that the owners pay the contractors for their services. However, there are unfortunate times when a homeowner either forgets to pay or is unable/unwilling to pay for a variety of reasons. When a contractor does not get paid, they have the legal right to issue a lien on one’s house, called a Mechanics lien, also known as a Construction lien.
What is a Mechanic Lien?
A Mechanic lien is a type of lien that refers to an agreement in the title for belongings of those who have supplied labor or materials that have helped improved a property. The agreement is there for those individuals to receive a formal payment. This lien can be subject to both real property (such as your home) and personal belongings (such as your furniture). If payment is not received, the contractors have the legal right to file a lien to force the homeowner to pay.
Homeowners are usually notified within 20-30 days of the contribution to a job by the contractor. If no action is taken by the homeowner to reimburse the contractor, this individual can then start the lien process, which is to file a legal claim. From that point, the homeowner and contractor have between two (2) to six (6) months to settle the grievance before a potential lawsuit is filed against the homeowner.
Selling House with a Mechanic Lien
To avoid a potential lawsuit, you can sell your house. Please contact us so that we can make you a reasonable cash offer to buy your house “as-is”. Our offer will include whatever may be owed for previous work completed by a licensed contractor, in which permits have been pulled and submitted to your local town hall. By selling your stressful home to us, you can avoid being sued for any work done on your home.
Prior to the roll out of the Affordable Care Act, Massachusetts passed a health care reform law in 2006, which mandated health insurance coverage for all residents. Failure to obtain coverage would result in residents of Massachusetts facing an income tax penalty.
Residents who met the Income standards and Federal Poverty Guideline are eligible to apply for Medicaid coverage (known in Massachusetts as MassHealth), which is a Federal and State funded health insurance program. To apply for MassHealth, Massachusetts residents would fill out and submit one of these applications:
Health & Dental Coverage for Individuals & Families, including people with disabilities
Health Coverage for Seniors & People needing Long-Term Care Services
Lien for Unpaid Medical Expenses
Due to the passing of the Tax Equity and Fiscal Responsibility Act of 1982, if a person requires long-term (institutionalized) care, specifically those who are 55 and older, states, such as Massachusetts, are able to place a Medicaid lien on your house. This type of lien is placed to prevent the homeowner from giving away the property before the equity is used to pay off any unpaid medical expenses.
Selling House with a Medicaid Lien
If you are a homeowner who has a Medicaid lien, please call us or fill out a form. We want to speak to you to learn more about your situation as we would like to make you an offer to buy your house, ‘as-is’. Not sure, how much is owed for Medicaid, let us know so we can work with you to find out.
Many people, unfortunately, have legal actions brought upon them for many different reasons. In most situations, if you do not win your case, the judge overseeing the trial will award the other party an approved settlement. A payment is made from the person, who owes the money (debtor), to the other (creditor).
The amount awarded depends on the amount requested by the creditor, plus any legal fees and claim damages. There are times that the amount due far exceeds what the debtor can pay. If the debtor is in such situation, and it is found out that they own property, the judge will place a Lien on the property, known as a Judgment lien.
Judgment Lien Payment Collection
Judgement Liens on properties in Massachusetts states that this type of lien on your house can stay remain attached to the property for 20 years. This lien guarantees that payment will be collected by the sale proceeds, which will be given to the creditor in the amount that satisfies the judgement. There are some factors, however, that can impact the creditor’s ability to collect the payment such as:
Fixed value that is not touchable (Homestead Exemption)
Foreclosure or Bankruptcy proceedings
Other existing liens
The only solution outside of selling the property is to possibly wait the 20-year timeframe. However, if that does not seem feasible, then selling is a homeowners only other option.
Selling a House with Judgment Lien
We are always in the market to purchase houses, in stressful conditions. We accomplish this by making reasonable cash offers, and pay fast so that we can close in less than 30 days. Our offer will include the amount that is owed on the lien and we hope that the amount allows homeowners to have some cash left over. So…what are you waiting for? Submit a request now!
Child Support is a court-ordered, obligation for a parent to provide financial support to their child. People may hold the belief that if there is a two (2) parent household, that both parents must support a child whether they have been married, in the midst of going through a divorce, dating/cohabiting or separated.
However, that is more of an idea rather than an expected reality. Couples who have children do separate and some go through the process of requesting child support. Funds from child support are geared towards paying for necessities of the child (i.e. housing, health insurance, medical costs, child care, education, as well as food and clothing).
Applying & Requesting Child Support
To be eligible for child support, parents must complete a Child Support Form & Intake Application or go online and complete the Massachusetts Application for Child Support services. Applications will be reviewed by the Massachusetts Department of Revenue (DOR). Once the forms are filled out and presented to a judge, the court will hold a hearing. If the Judge decides on the filed order, the person filing will then have access to information regarding the payment amount and the payment schedule that the other parent would understand the scheduling needs.
Not Paying Child Support
DOR has created a Child Support Enforcement Division, as a measure of child support guidelines to ensure their responsibility to collect payments from the court ordered parent. If missed payments happen to occur, there is no need to go back to court to enforce payment collection. However, if the court-ordered parent is a homeowner, a child support lien will be placed on the house to ensure that payment will be received.
Selling a House with Child Support Lien
If you find yourself in this type of stressful situation in which you cannot afford to pay child support but you own a property, consider us when selling your home. We make reasonable cash offers to homeowners looking to sell their house fast for cash! We will assess your homes condition and get you an offer within a reasonable amount.