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Updated over 9 years ago on . Most recent reply

User Stats

139
Posts
43
Votes
Ryan K.
  • Investor
  • Richmond, VA
43
Votes |
139
Posts

Title search, Deed of Trust - no release found

Ryan K.
  • Investor
  • Richmond, VA
Posted

Got a question on a title search I had done on a property - a deed of trust (for $15400) dated 1995 does not have a recorded release. How big a problem is this, can a title company typically get this cleared with it being so old, and will title insurance be available for the property? I think it was a 10-year note, due in 2005, so perhaps there might even be a 10 year limitation on any claims? Any opinions appreciated.

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