Tenant gets mortgage
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Tenant gets mortgage (by Joe [NY]) Oct 13, 2021 11:09 PM
       Tenant gets mortgage (by Laura [MD]) Oct 14, 2021 3:05 AM
       Tenant gets mortgage (by FloridaNative [FL]) Oct 14, 2021 6:38 AM
       Tenant gets mortgage (by MAP [NY]) Oct 14, 2021 7:33 AM
       Tenant gets mortgage (by DJ [VA]) Oct 14, 2021 8:37 AM
       Tenant gets mortgage (by Ken [NY]) Oct 14, 2021 9:03 AM
       Tenant gets mortgage (by plenty [MO]) Oct 14, 2021 9:56 AM
       Tenant gets mortgage (by Joe [NY]) Oct 14, 2021 11:18 AM
       Tenant gets mortgage (by Vee [OH]) Oct 14, 2021 11:33 AM
       Tenant gets mortgage (by Mike45 [NV]) Oct 14, 2021 3:06 PM
       Tenant gets mortgage (by Ken [NY]) Oct 14, 2021 3:45 PM
       Tenant gets mortgage (by MAP [NY]) Oct 14, 2021 6:16 PM
       Tenant gets mortgage (by Nicole [PA]) Oct 15, 2021 8:50 AM
       Tenant gets mortgage (by Joe [NY]) Oct 15, 2021 7:47 PM
       Tenant gets mortgage (by Ken [NY]) Oct 16, 2021 9:44 AM
       Tenant gets mortgage (by Joe [NY]) Oct 16, 2021 11:24 AM
       Tenant gets mortgage (by Ken [NY]) Oct 16, 2021 11:56 AM
       Tenant gets mortgage (by Joe [NY]) Oct 16, 2021 2:17 PM

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Tenant gets mortgage (by Joe [NY]) Posted on: Oct 13, 2021 11:09 PM
Message:

My tenant that I evicted 8 years ago went thru a Syracuse city financed non profit and got a mortgage, bought a house last year. I got a judgement after an eviction and filed it in the county clerks office, making it a lien should they have property. How did the tenant able to get a mortgage without paying it off. Also I had a mechanics lien for work I did on someoneís house and wasnít paid. The homeowner was able to take out a equity loan in spite of the mechanic lien 10 months after I filed. It has since expired. Iím beginning to think judgements are worthless. Does anyone know about this?

--67.241.x.xxx




Tenant gets mortgage (by Laura [MD]) Posted on: Oct 14, 2021 3:05 AM
Message:

Two things...judgements expire ( 8 years latter it may have expired if not renewed) & are these judgements being recorded/ did you do the paperwork to make it a lien? --108.56.xxx.xx




Tenant gets mortgage (by FloridaNative [FL]) Posted on: Oct 14, 2021 6:38 AM
Message:

Judgments don't have to be paid off when acquiring a property, they must be paid off when selling a property. The judgment attaches to the property. Check with your attorney. Also google NOLO and NYS judgment liens to get good info. In NYS the judgment lasts for 10 yrs. I find NOLO to be a good resource for this type of info. --104.0.xx.xx




Tenant gets mortgage (by MAP [NY]) Posted on: Oct 14, 2021 7:33 AM
Message:

I know this doesn't apply in your case but Mechanics liens in NYS have to be renewed every year. Was this through the notorious "Syracuse Land Bank?"

Most tenants are not home owners for a reason, obviously and when they do manage to get into all these do gooder programs to buy a house, it usually falls into disrepair and foreclosure once all the freebies are gone. --72.231.xxx.xx




Tenant gets mortgage (by DJ [VA]) Posted on: Oct 14, 2021 8:37 AM
Message:

I agree with FLnative & Map.

Make sure their new house has the lien on it to cloud the title when they sell / are foreclosed on.

If they fail as homeowners, you may get paid then. --68.229.xxx.xxx




Tenant gets mortgage (by Ken [NY]) Posted on: Oct 14, 2021 9:03 AM
Message:

In NY state a judgment is good for 20 years but only attaches to property for 10 years but can be renewed before it runs out.I have biught houses where i would put the judgment amount in the title companies escrow and when we reach the 10 year point i get the escrow money back once the judgment drops off my house.Keep in mind if the judgment is filed in a different county than the house they purchased your judgment is not attached until you figure out how to move the judgment to the county where the house is located.It is possible the title company simply missed it in the records when they did there search,if that happened you are actually ahead of the mortgage in position and should talk to an attorney --72.231.xxx.xxx




Tenant gets mortgage (by plenty [MO]) Posted on: Oct 14, 2021 9:56 AM
Message:

Yes. But I've also know some who couldn't get a loan cause the bank saw the outstanding debt due and said take care of your past in order to move into the new debt. Suppose it has to appear on a credit report. Following. --172.58.xx.xxx




Tenant gets mortgage (by Joe [NY]) Posted on: Oct 14, 2021 11:18 AM
Message:

It was a judgement. I guess banks donít check when buying. How do I renew lien from judgement in case she sells. It will be 10 years soon. Also I can check my county clerk online and see the lien when I enter my tenants name --67.241.x.xxx




Tenant gets mortgage (by Vee [OH]) Posted on: Oct 14, 2021 11:33 AM
Message:

You have to do your homework, here they expire after 7 years, last time I renewed it cost 7 bux to renew for 7 years. --76.188.xxx.xxx




Tenant gets mortgage (by Mike45 [NV]) Posted on: Oct 14, 2021 3:06 PM
Message:

I do NOT know NY law.

There are special rules for "purchase money loans." Your lien is probably junior to the purchase money loan that your ex-T took out, so the bank doesn't care about your lien.

As to the mechanics lien, was it perfected? I would guess that most of the mechanics liens I see are never perfected and do not constitute a valid lien.

--76.4.xxx.xxx




Tenant gets mortgage (by Ken [NY]) Posted on: Oct 14, 2021 3:45 PM
Message:

Call the county clerks office and ask how to renew,you may want an attorney to do it.If your judgment is in the same county as the house they bought and your judgment was filed years ago you may want to talk to an attorney,you are ahead of the banks mortgage and someone should pay you off quickly so you dont foreclose when you notify them that is going to happen --72.231.xxx.xxx




Tenant gets mortgage (by MAP [NY]) Posted on: Oct 14, 2021 6:16 PM
Message:

Around here (finger lakes NY) you have to renew the judgement every year with the county clerk that the property is located in. I have a mechanic's lien against a guy who just stiffed us out of 50% of the bill back in 2018. He's elderly and owns a 6-8 multi bldg. --72.231.xxx.xx




Tenant gets mortgage (by Nicole [PA]) Posted on: Oct 15, 2021 8:50 AM
Message:

put the fear into them and send them a notice that you are going to execute on their property. Figure out how to send a real notice, not a loosey goosey internet one. That way, if they contact an attorney, he will see that you truly can move forward. Here, not sure what the sheriff wants down before starting the procedure but I think at one time it was $5000 so you probably aren't going to actually do it if those are also your type numbers. --98.237.xxx.xx




Tenant gets mortgage (by Joe [NY]) Posted on: Oct 15, 2021 7:47 PM
Message:

How do you perfect the mechanics lien. The proof of service and the lien are filed with the county clerk. Had I left something out? --67.241.x.xxx




Tenant gets mortgage (by Ken [NY]) Posted on: Oct 16, 2021 9:44 AM
Message:

Mechanics lien in NY is only good for a year,it is meant that once you file you will then sue so only good for a year.A judgment is good for 20 years no renewal necessary but the mechanis lien may need to be renewed --72.231.xxx.xxx




Tenant gets mortgage (by Joe [NY]) Posted on: Oct 16, 2021 11:24 AM
Message:

What about a regular judgement, how is that perfected? --67.241.x.xxx




Tenant gets mortgage (by Ken [NY]) Posted on: Oct 16, 2021 11:56 AM
Message:

once you file it at the county clerks office it just sits there until a title company picks it up as part of a search and in theory you get a call to be paid off --72.231.xxx.xxx




Tenant gets mortgage (by Joe [NY]) Posted on: Oct 16, 2021 2:17 PM
Message:

I thought maybe you had to file the proof of service of the judgement on the debtor with the clerk too to perfect it, but maybe just filing the judgement perfects it --67.241.x.xxx



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