Legal Question in Real Estate Law in Florida
Bad closing transaction
What can I do about a title company that removed a 2nd mortgage when I refied, that caused forclosure a year later.
The abstract title from the title insurer has the 2nd on it, but from the title closing company, to the lender, it is removed. This is a rare problem,the 2nd was defaulted in 02, and had sent me a cancelation of debt, I gave this to the title closing company. But the balance apperently was owed. The title comp will not speak to me, I did pay the full amount due, but why did this happen when I had more than enough money when I refied, the mortgage comp, and the title comp were told if it's owed pay it. I asked about the money owed to the 2nd at closing, the closing agent stated that it was released, and that she would be recording it. Apon speaking with the leander of the 2nd, later during the foreclosure proceeding, said they never got 1 phone call or fax request for payoff. I hired an attorney, who wrote a demand letter, but has gone past the time limit to respond (2 mo's,) and still is unanswered. I hired a realestate attorney, who seems to not understand this problem, what can I do, what kind of attorney should be on this case, what can be done to fix this problem? Thankyou
1 Answer from Attorneys
Re: Bad closing transaction
You might sue the title company using our step-by-step tutorials. Learn more at Jurisdictionary or call toll free: 866-Law-Easy