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Tax Liens & Mortgage Notes

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Bob Malecki#3 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
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Buying 1st pos. NPN-- title issue question

Bob Malecki#3 Tax Liens & Mortgage Notes Contributor
  • Investor
  • Kingston, WA
Posted Apr 21 2014, 13:52

I'm purchasing a first position NPN on a home located in North Carolina. I'm buying it through FCI Exchanges system, fyi. Seller has provided me the majority of the collateral files and I found that the address listed on the original note, DOT and subsequent assignments/allonges are incorrect. The parcel description is correct but the street address is 8 numbers off.

I called the county and they realized that they had the wrong street address listed in the records and have subsequently corrected this, but I'm looking for some guidance on what is the best process to have the title corrected to the the right address, should I ever have to foreclose. Any input is appreciated.

Bob

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