I never released 2nd mortgage and the title company missed it. How do I directory a claim near the title company?
Also, the original loan was for 18 months at 10.5% interest. It be due in 2003. It was never remunerated and I was wondering if the title company would be responsible for interest for the last 5 years. It be recorded.
Answers:
You need to consult a real estate attorney on this one.
I am assuming this was a private mortgage you gave to someone else, otherwise my answer isn't gong to apply.
First, you entail to check the records to make sure it be recorded at all....if it wasn't, you sue the attorney that did the closing.
Second, if you hold proof it was recorded, you start the foreclosure on the PROPERTY....the CURRENT owner would database a claim with their title company....b/c title policies are issued to the homeowner, not to the lienholders.
There is one MAJOR obstacle that you obverse:
Since you "let it go" for 5 years....the courts may elect that you no longer have a right to collect on the property.
You necessitate to see a real estate attorney and see if you can collect on it at all. The time to do adjectives of this was in 2003, not 2008. Source(s): Many, various years as a real estate broker and former mortgage broker/underwriter and always followed by my 7 "thumbs down" stalkers on Y!A.
call the title company and bring up to date them that you'd like their forms to file a claim.
Assuming the loan belongs to the previous owner, this is exactly what title insurance is for (unsettled property liens that pop up after you hold purchased the property).
What title company, has the property since been sold? The lone one responsible for any interest is the debtor (based on the terms of your contract). If it was not remunerated when due, why didn't you foreclose?
Hi,
I used "Credit Solution" to settle my mortgage.They manage to reduce my mortgage up to 58%.It's legitimate.I come across this company on NBC News Special Edition.Check it out here:
http://shurl.net/5oX
Related Questions:
What do surveyers look for contained by a mortgage valuation?
The buyer of our flat has requested a mortgage valuation rather than a buyers survey. I'm told the mortgage valuation is smaller amount detailed. What exactly is carried out? basically they just see if it's worth the price your asking - and doesn't...
Answers:
You need to consult a real estate attorney on this one.
I am assuming this was a private mortgage you gave to someone else, otherwise my answer isn't gong to apply.
First, you entail to check the records to make sure it be recorded at all....if it wasn't, you sue the attorney that did the closing.
Second, if you hold proof it was recorded, you start the foreclosure on the PROPERTY....the CURRENT owner would database a claim with their title company....b/c title policies are issued to the homeowner, not to the lienholders.
There is one MAJOR obstacle that you obverse:
Since you "let it go" for 5 years....the courts may elect that you no longer have a right to collect on the property.
You necessitate to see a real estate attorney and see if you can collect on it at all. The time to do adjectives of this was in 2003, not 2008. Source(s): Many, various years as a real estate broker and former mortgage broker/underwriter and always followed by my 7 "thumbs down" stalkers on Y!A.
call the title company and bring up to date them that you'd like their forms to file a claim.
Assuming the loan belongs to the previous owner, this is exactly what title insurance is for (unsettled property liens that pop up after you hold purchased the property).
What title company, has the property since been sold? The lone one responsible for any interest is the debtor (based on the terms of your contract). If it was not remunerated when due, why didn't you foreclose?
Hi,
I used "Credit Solution" to settle my mortgage.They manage to reduce my mortgage up to 58%.It's legitimate.I come across this company on NBC News Special Edition.Check it out here:
http://shurl.net/5oX
Related Questions:
What do surveyers look for contained by a mortgage valuation?
The buyer of our flat has requested a mortgage valuation rather than a buyers survey. I'm told the mortgage valuation is smaller amount detailed. What exactly is carried out? basically they just see if it's worth the price your asking - and doesn't...