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Localism: Local Real Estate Information and Agents

Mechanic`s Lien III

----------Mechanic`s Lien Time Line------------

Here are the major events to be followed, in a timley manner whenever improvement of real property is done.

(1) Work Commences

(2) Preliminary 20 - Day Notice

(3) Work Completed

(4) Notice Of Completion Recorded

(5) Lien Recorded

(6) Foreclosure Action and Lis Pendens Recorded

(7) Service of Process

(8) Court Decision

        a) Judgement

        b) Release of Lien

        c) Dismissed

        d) Foreclosure

On the final step it will be a court decision made by the judge who will determine what the lient falls under. Mechanic`s Lien are a lot of work to put on someones property so if you ever plan to do make sure you do for a reasonable dollar amount at least $999.99 or more.

 
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Eddy Martinez
Nationwide Funding Group
Highland Park, CA

Office Phone: (888) 702-2225 Ext.: 115

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