laurajguillen
Sep 9, 2007, 11:31 AM
I own a house worth $250,000 with no mortgage. My business is purchasing electronics from the manufacturer and selling them to stores in Venezuela. I am based in Venezuela, but the house that I own is in the US. One of the companies that I purchase electronics from wants me to give them some sort of collateral to guarantee payment for the items they ship to me. I want to lien my house for this, but I have no idea what the process would be.
Please give me advice on what type of lien this would be. Also, what the process for this would be.
Also, is it possible to lien only what I owe them, or would I have to do the entire house.
Please give me advice on what type of lien this would be. Also, what the process for this would be.
Also, is it possible to lien only what I owe them, or would I have to do the entire house.