UCC Liens

[Dorel Hunt]

Good afternoon, 

I could really use some advice on how do deal with a UCC lien,   Couple three weeks ago I applied for a home equity loan to fund a rehab project,   As the bank ran a title search they found that I had a UCC Lien (Fixture) on my mortgage,  It was from the original owner of the property in her name and a a cosigner.  Apparently this was missed by not only my first closing but a re-fi closing as well,  It was originally filed in 2008 the re filed again in 2013,

It is for a water softener and water treatment system, Note that it was listed on the HUD listing sheet when I bought it in the summer of 2010.

Accrued penalties and interest now are about $14000,     The Finance Company that filed this has been less than courteous to not only me but the representative of the bank as this became known,

Any suggestions ? Anyone hit this "chuckhole" before?  

a newby to Bigger Pockets! 

Dorel Hunt

[Wayne Brooks]

It was on the HUD.....was it a deduction from the seller's proceeds, which means it was to be paid off? If so, the closing agent has a problem, and a liability for it.