What is an Encumbrance in Real Estate? An Encumbrance is any claim against an asset by an entity that is not the owner. For example; liens, easements, leases, mortgages, or restrictive covenants. Encumbrances impact the transferability and/or use of subjected properties. Not all of these encumbrances will prevent a property
Are you in the market to purchase a property in Southern Arizona? Of course, there are many things to consider before you even start seriously looking. Do you have financing in place? Many real estate agents will not even consider showing houses unless the potential buyer has a pre-qualification letter
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