Updated over 4 years ago on . Most recent reply
Lien discovery when selling home
My husband and I are trying to sell our home. We bought our home back in 1995 and refinanced in 1998. During the title search, it was discovered that the 2nd mortgage we had did not record and satisfy that the loan was paid. So, therefore showing an open lien. We are at our whits end trying to get this resolved. The main problem is the original company is dissolved and the lawyer that handled it has past away. Can anyone give us any suggestions or help us figure this out.
Thank you in advance
Most Popular Reply
You must have a preliminary title report? The Title Officer can assist with the reconveyance. When you refinanced in 1998 you got title insurance and that policy covers any errors. Tell me the name of the 2nd mortgage company, more than likely someone bought them and they have the wet signature or can reconvey. Contact me by phone I can direct you to sources to get the recon into your hands and recorded