Real Estate Definition – Lien

Lien – A charge againist property making it security for the payment of a debt, judgement, mortgage, or taxes; a lien is a type of encumbrance. Make sure you understand that a lien makes the property collateral for a debt. some liens may allow the property to be sold to satisfy a debt ( foreclosure auction) .

- Jeff Buettner
Real Estate Wiz Kid

What is the Phoenix real estate market like today?

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