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Owner's or Seller's Affidavit of No Liens New York Form

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Owner's or Seller's Affidavit of No Liens New York Form

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so you're buying a property using creative Finance subject to or a wrap around you close the deal and you find a lien on your property what do you do so in this video I'm going to give you an example of a real life transaction that just came up we had to deal with I hope it helps you guys out so guys when we play the owner finance game all types of things can happen and you just got to understand them be prepared for them and do your best to avert them in the title industry the largest risk of loss that a title company has is a lien being filed in the Gap what that means is that as a title attorney we will do a bring to date on title you know anywhere from three to seven days before closing but what can happen in real life is is a lien gets recorded the next day or the next day just before you close the property there's no way to know about it and so the title companies run that risk of those items happening but in the creative Finance world when we buy houses w

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