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Updated about 8 years ago,
Obtaining release of lien and recording; Texas
I sold a property recently. The title company told me that I would have to obtain the release of lien from my mortgage company and have it recorded. The buyer picked this title company and he paid for the title insurance, etc. This seems wrong to me. I've had 10 other closings in Texas (as buyer or seller) and in every other instance, the title company obtained the release of lien and had it recorded. To me, it seems like the Title company is responsible for doing this, not the seller. They are the ones who have insured that the title is clear. They should be the ones to handle the logistics to clear the title. That's what they are paid to do. Has anyone else ever had this experience in Texas? I will never use that title company again they also lied and mishandled many other things during the closing (which took 7 hours because of them). At a minimum, they were incompetent; they were possibly stalling / delaying the closing on purpose so that they could get the interest on the money over the weekend since they didn't send the wire until after it was too late to get credit for it on Friday. If they do this for every closing, I'm sure the interest money adds up. Has anyone that was using a title company to close in Texas ever been told they (as the seller) had to obtain and record the release of lien when the title company wired the payoff to the mortgage company?