Legal Question in Real Estate Law in New York

Leins

I want to refinance my house. We owe mny debts. Do I only have to pay those that have liens against my property or evry on I ever owed? And how do I find out who has these leins against me? Have a finance company that I think is digging up every credit card I owe. Want to pay only those I have to Is this possible

PLEASE HELP ASAP - thy want to hold money aside-how long can they hold my money for this and how long can they look.?

THANKYOU


Asked on 8/22/05, 8:32 pm

1 Answer from Attorneys
Robert R. Groezinger GroezingerLaw P.C.

Re: Leins

When you refinance, you generally either change the rate or borrow more money. The bank will do a title search that will uncover liens against the property. They will run a credit report and you credit history will be revealed (your rate is a function of your credit score). The lender may require you to pay off some of these loans at closing on the refi.

Good Luck

RRG

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Answered on 8/22/05, 8:35 pm


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