Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 2 years ago,

User Stats

22
Posts
6
Votes
Jochy Perez
  • Methuen, MA
6
Votes |
22
Posts

Unable to obtain lien release

Jochy Perez
  • Methuen, MA
Posted

Hi everyone, 

Under contract to purchase an REO property and it was discovered there's an old mortgage from 1997 which was assigned in 2000 to IMC Company Co, Tampa FL.

IMC Company Co is no longer in business and from the research I have done, they were acquired by CitiFinancial which I believe is no longer in business as well. 

Trying to figure out how to obtain a lien release for this old mortgage. 

The attorney hired a title curative company to see if they can find something, I also filed a case with the FDIC for the release to see if they can do.

Want to see if anyone has any experience or other suggestions on this

Loading replies...