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Updated over 4 years ago, 07/18/2020

User Stats

423
Posts
293
Votes
Jackie Lange
  • Investor
  • Central America, Panama
293
Votes |
423
Posts

House Sold Without Paying Off My Lien

Jackie Lange
  • Investor
  • Central America, Panama
Posted

About 10 years ago, I sold a house with seller financing. I closed at a title company.  They recorded my deed of trust (mortgage). 

The buyer stopped paying me.  I discovered that she sold the house a few months ago but the title company in Dallas Texas completely overlooked my lien. They never called for a payoff.  The funds were given to the seller (my buyer).  

The title company says call the seller but she's not returning my calls or emails.   

The title company's error and omission insurance should kick in, but it will require a lawsuit to get them to pay.

Or, I could foreclosure on the house since no payments have been made for several months.  


Looks like I will have to file a lawsuit against the title company, lawsuit against the person I sold the house to, and file for foreclosure if I ever want to see my money.

Has anyone else ever had this happen?  

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