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A group of homeowners in the Beverly Hills area say they have a warning for all property owners. They claim their homes have all been hit with massive, multimillion-dollar liens by someone they've never done business with. One homeowner said there were two mechanics liens recorded against their home by someone they have never met before. Each those liens claim more than $24 million worth of work, including
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What's a Property Lien? A property lien is like a legal claim on your home. It means someone has a right to part of your property or its sale money. For instance, if your property's worth $100,000 and you owe a creditor $10,000, they can place a lien. When you sell, $10,000 goes to them. Types of liens include mortgage, mechanic's (from unpaid contractors), judgment (if you don't pay debts), and tax (from unpaid taxes). Liens are recorded with your county and show up in a title search. Important
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