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Updated about 6 years ago on . Most recent reply

User Stats

14
Posts
1
Votes
Marco Grier
  • Investor
  • Oklahoma
1
Votes |
14
Posts

(HELP) Quicken Loans Did Not Get Lien Release From Previous Owner

Marco Grier
  • Investor
  • Oklahoma
Posted

I found out this week (when I was about to sell) that a home I financed with Quicken Loans 5 years still has the lien from the previous owner. QL paid the person before getting a release and left it up them to just get it done whenever.

I did not know this was even possible. QL has told me that it's not their problem in the recorded convo parts you can hear below.   

The past and as I know now current / lien holder along with QL is a 89 year old man that when I called him is not in any shape to deal with this and does not even remember who I am or the home. 

What do you suggest I do?

https://clyp.it/ccbilanm

https://clyp.it/1jxv1rcs

https://clyp.it/yi4pcc3i

Most Popular Reply

User Stats

3,467
Posts
3,417
Votes
Tom Gimer
  • DMV
3,417
Votes |
3,467
Posts
Tom Gimer
  • DMV
Replied

@Marco Grier If you bought owners title insurance simply make a claim and let everybody scramble to resolve the matter.

You don't hire your own attorney because defense/prosecution costs for matters such as this are covered by the policy.

If you didn't buy owners coverage, report back.

  • Tom Gimer
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Eastern Title & Settlement
4.9 stars
12 Reviews

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