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Updated 3 months ago on . Most recent reply

Dave Hart's profile image
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Dave Hart
  • Member since Sep 14, 2021
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11
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Dave Hart's profile image
Dave Hart's profile image
Dave Hart
  • Member since Sep 14, 2021
Connect
Dave Hart
17
Votes |
11
Posts
Buying & Selling Real Estate

Refi question - lien releases

Dave Hart
Posted

In the weeds on this one. But might help others avoid this pitfall…

when a mortgage is transferred between banks, I’m learning they don’t record a lien release with the county. 

Does anyone know what officially gets recorded with the county when a mortgage is transferred?

this has caused significant delays with a cash out refi on an existing rental. Title is showing an existing lien from 2014 and requesting a lien release before we can close. It’s been 2 weeks of “who’s on first”

Help educate me, Title Nerds….

  • Dave Hart
    • Chicago, Illinois
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