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Updated almost 5 years ago on . Most recent reply

User Stats

591
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414
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William C.
  • Real Estate Agent
  • Souderton, PA
414
Votes |
591
Posts

How do I file a lien for a private loan

William C.
  • Real Estate Agent
  • Souderton, PA
Posted

We own a property free and clear. We’d like to borrow $50k from a private investor. We’d like to sign a note and attach a lien so the investor is protected.

What are the mechanics to made this happen?

Attorney drafted note? Can we draft it?

Is it just a matter of having a title company file it with the recorder of deeds?

Thanks!

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