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It can be a red flag, indicating potential financial trouble or ownership disputes. Just like a leaky roof, it might mean more trouble than it’s worth, so tread carefully.
You can check for liens by searching public records at the county clerk’s office. It’s pretty much like checking your credit report; you want to know what baggage comes with the property.
If there are lawsuits in seller's files, it’s crucial to know the details as they might affect the property’s marketability or your ability to obtain financing. Like a cloud on a sunny day, they can bring uncertainty.
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Austin Texas Liens, Mortgages/Deeds of Trust, UCC Statements, Bankruptcies, and Lawsuits Identified in Seller's Files