Tax Liens & Mortgage Notes
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago, 05/10/2014
Bob MaleckiPoster#4 Tax Liens & Mortgage Notes Contributor
- Investor
- Kingston, WA
- 1,451
- Votes |
- 1,723
- Posts
Buying 1st pos. NPN-- title issue question
I'm purchasing a first position NPN on a home located in North Carolina. I'm buying it through FCI Exchanges system, fyi. Seller has provided me the majority of the collateral files and I found that the address listed on the original note, DOT and subsequent assignments/allonges are incorrect. The parcel description is correct but the street address is 8 numbers off.
I called the county and they realized that they had the wrong street address listed in the records and have subsequently corrected this, but I'm looking for some guidance on what is the best process to have the title corrected to the the right address, should I ever have to foreclose. Any input is appreciated.
Bob