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How does a judgement effect the sale of a home NY

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My friend has not made a payment in about 5 years to the bank. The house is worth a lot more then what is owed so I guess that is why the bank hasn't been too agressive about throwing him out.


In Suffolk county NY you can do an online search to see if you have judements or liens on your home or yourself.


He has a lot of judgements against him. They range from $20.00 all the way to $15,000.00 Even with the judements the house is still worth a lot more then what is owed.


At this point in time their are NO liens on his property.


His first question....

If there is a judgement filed what happens when he tries to sell the house? Do the judgements have to be paid before or at closing or does this have no effect on the sale?


One of the judgements is for over $10k, why wouldn't the credit card company put a lien on his home in order to try and get their money back. They already have a judement against him.


I'm sure that at one point the bank looked at his house from the ouutside and saw that it was in great condition so there are no issues. His house is one of the best on the block.





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