Hi, i bought a property in LEHIGH COUNTY PA , Sep 2019 , and later on found out there is old lien ( Mortgage ) open not paid off on previouse owner for amount of 81K i'm living in the property over 2 years now and no on comeafter or send notice , the mortgage from 13 years ago and sold many times last company went out of busniess on July 2010 and don't know what company step in , so what is best way to clear it and sell the property, if i find a lawyer do Quiet title action and court sent notice to mortgage company (old one which went out of busniss and definitly new mortgagee or bank took over make future mail forword will received the notice , i'm worry if i file Queit title action claim at court then mortgagee received the notice and reponse to dismiss the case at court , if that happend what is my option or what supppose to do if new mortgage show off
@Hany Morsy - Definitely worth consulting a real estate attorney in your area to understand your options. They would normally look at the whole chain of title and see where the defects are. When I do quiet title actions in California, it's pretty common that there are people or entities that are no longer in existence, so we're not able to serve them with the lawsuit. We end up publishing the lawsuit in the newspaper to provide them notice of it. Again, it may work differently in your area, so consult an attorney in your area to understand your options.
Sorry. Not property assigned, rather mortgage. Ill add one thing to this. I had the same issue.