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Updated over 7 years ago on . Most recent reply
Help recording mortgage assignment in Connecticut
We just purchased our first note, a low value 2nd and want to record the assignment of mortgage in Connecticut. I have an account with Simplifile, but they don't service most of CT. One difference in CT is all land records are recorded in the individual town, not at the county level. I called the town to ask about the procedure and was told to just send the originals with a self addressed envelope and after 4-6 weeks it will be recorded and I get them back. This didn't instill me with a lot of confidence, but maybe I'm over thinking this, but since this is all new to us I don't know. Curiously, they stated there were no forms to even fill out to send along with the originals. Any help would be great.
Ryan
PS: I've been a lurker for awhile but I attribute this forum and it's vast knowledge to pointing us in the right direction to take the note investing leap.
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@Ryan L. Congrats on your first note purchase! Now the real work begins...
Electronic recording is great but unfortunately it does not work everywhere yet. The guidance you received from the recorders office is legit and is the way it's been done for decades. You can send them in by mail, but personally I like to use FedEx rather than USPS, because I am a little paranoid about losing original documents in the mail. The other reason is that I can require an "adult signature" on delivery which could serve as proof that the docs have been received by the recorders office.
I send the docs in a ledger sized FedEx envelope and include a letter sized return FedEx envelope complete with attached shipping label addressed to my offices for return of the docs. Finally, I include a simple cover letter which defines the docs I am recording, number of pages of each, and payment allocated to each. The letter also references the envelope for return of the docs.
Also, if you decide to go the FedEx route, I recommend setting up an account on their website so that you set up the shipment and print the labels out yourself.