Involved In Real Estate · Omaha, NE · Member since 2012 · 140 posts · 34 votes
Alright ladies and gentleman...
I bought a property in may from auction.com. Auction sent a notary to my home and we went through closing papers and transferred funds. First problem... Since the notary did a remote close, we did not have a copy machine and I was not given a copy of the closing papers.
Over the last few months I have noticed that I have not been receiving tax bills so I went to the township office to get a copy of my tax bill. I was told that the property was still in Fannie mae's name and they have been receiving them.
I have been bombarding FNMA with calls and emails and I'm not getting any responses. I have recently put the property up for sale and I'm trying to figure this out before an offer comes in.
Investor · Santa Rosa, CA · Member since 2012 · 2k+ posts · 7k+ votes
13y
You should also call auction.com, and the escrow company they used (do you use escrow companies in your area? Maybe attorney's office?). Someone dropped the ball. It's also possible that the deed was recorded but the assessors office hasn't changed their records. To find out, run your name in your recorder's office's grantor/grantee index and see if the deed shows up there.
Real Estate Agent · Virginia Beach, VA · Member since 2012 · 2k+ posts · 1k+ votes
13y
Just went through something similar (only not an auction). If you don't have it, request a copy of the HUD-1 settlement statement from the title company -- you'd need that for tax purposes, anyway. Even without copies of everything else provided at a remote closing, you should have been given your own original signed copy of that (the only document they left with me). If you purchased owner's title insurance but did not get a copy of the title policy in the mail, the company you purchased it from will be stated on the HUD-1, and file a claim with them asap as I think the lender commitment documents stated they (and I) had a year to file if the closing wasn't done properly. Not sure you had that info provided as it was an auction, but the one-year time frame might be the same so wouldn't risk going beyond a year. The guys here really helped me out, showing me what buttons to push to finally get it recorded properly, and it took months even after filing claims. I eventually even got a copy of all the closing documents e-mailed to me. The lawyer for the actual owner's title insurance company seemed to have the most pull, so filing a claim with them was the key to success for me.