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Updated about 1 year ago on . Most recent reply
Title error found after refinance
Hi biggerpockets community,
I could use some advice on a situation that has come to light with my current lender.
I refinanced a duplex property in 02/2021 to a new lender.
I am just finding out today that during the refinance process the new lender/title company input the address incorrectly and only has one side of the duplex address included on title and not both addresses.
This incorrect adress situation has caused a series of insurance billing issues that i am just realizing and the lender will not let me include corrected addresses without proper title or usps confirmation.
Tax records with the county list me as current owner in the property address questioned.
Does anyone have experience dealing with title errors? Is this something I need to correct with prior title company or involve a real estate attorney?
Any advice or help would be much appreciated.
Most Popular Reply
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Quote from @John Hogg:
Hi biggerpockets community,
I could use some advice on a situation that has come to light with my current lender.
I refinanced a duplex property in 02/2021 to a new lender.
I am just finding out today that during the refinance process the new lender/title company input the address incorrectly and only has one side of the duplex address included on title and not both addresses.
This incorrect adress situation has caused a series of insurance billing issues that i am just realizing and the lender will not let me include corrected addresses without proper title or usps confirmation.
Tax records with the county list me as current owner in the property address questioned.
Does anyone have experience dealing with title errors? Is this something I need to correct with prior title company or involve a real estate attorney?
Any advice or help would be much appreciated.
Contact your title insurance carrier to fix it.
- Russell Brazil
- [email protected]
- (301) 893-4635
- Podcast Guest on Show #192
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