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Updated almost 6 years ago, 01/16/2019

User Stats

335
Posts
52
Votes
Chan K.
  • Lowell, MA
52
Votes |
335
Posts

discharge not record at the registry of deed

Chan K.
  • Lowell, MA
Posted

Hello Everyone,

Quick question:

I am in the process of closing on a primary single family residence. 

Apparently, according to my lender/closing attorney, the seller's lender sent the discharge paperwork to the seller like 10 years ago when he paid off his mortgage. 

Unfortunately, the seller never had it recorded at the registry of deed, because he did not know.

My lender recommended that I still can go ahead and proceed with the closing as the seller will get the discharge record in a few weeks post the closing.

I am just getting nervous as I never ran into this problem before. Usually, the seller will get the money from buyer, and the discharge would be in place and record within 1-2 days apart from the closing date. 

I just want to find out if anyone ever ran into this issue before.

I also want to get some opinions if I should proceed with the closing, or wait until the seller is addressing his discharge paperwork/record.

Thank you ahead.

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