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Updated over 4 years ago on . Most recent reply

Kevin Craig's profile image
Kevin Craig's profile image
Kevin Craig
  • New to Real Estate
  • from Connecticut
  • Member since Feb 28, 2020
Connect

User Stats

8
Posts
7
Votes
Kevin Craig's profile image
Kevin Craig's profile image
Kevin Craig
  • New to Real Estate
  • from Connecticut
  • Member since Feb 28, 2020
Connect
Kevin Craig
  • New to Real Estate
  • Connecticut
7
Votes |
8
Posts
Buying & Selling Real Estate

Loan liquidated, Lien release?

Kevin Craig
  • New to Real Estate
  • Connecticut
Posted

Hello All!

So I was looking into a property and this house has been held by the loan company since 2018. After reaching out to the bank the backs the loan company they sent me this "The appropieate party to contact would be the mortgage loan servicer, but I show previous conversations with them that this loan has been liquidated and they are working on a lien release to be recorded in the county" 

What am I to make of this, are they giving the property back to the town?

Thank you in advance

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