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How long does a Bank have to record a Deed

The Bank foreclosed on a piece of property of mine 4 months ago a and bought it at the foreclosure sale. They have yet to record the deed in thier name. It is still registered to me at the courthouse. Issue is the property taxes still get billed to me. So is there not a time limit they have to record the deed. 4 months I think is plenty of time. I asked the bank about it and thier answer is they have been busy and will eventually get to it. I live in North Carolina.

eric1's picture
eric1 | Joined: January 4, 2009 03:52 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

There must be some type of documentation (with a date on it) which indicates that the property was taken from you during the foreclosure process. Just supply a copy of that to the tax dept.

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simonhovell's picture
simonhovell | Joined: September 3, 2009 07:48 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

as a result of foreclosure sale, bank must have given you some documents/ notice. you can use them as an evidence

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support7's picture
support7 | Joined: September 4, 2009 04:37 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

I have the documents of the foreclosure. I have showed them to the tax dept. But the Tax Department says I am responsible for the property taxes until the bank records the deed.

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Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

The bank in Mass. keeps telling us that they don't have the time to register the deed to the house we trying to buy,we did everything they realator ask to do,we was suppose to close the 4th of june. we Senior disabled citizen leaving in Arizona trying to buy a Home next to our Son in Mass.WHAT CAN WE DO WE ALL PACKED TO LEAVE. THAK YOU

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sara's picture
sara | Joined: July 5, 2006 03:16 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Hi Elisabeth,

If the lender does not have the time to register the deed, then I would suggest you to take the initiative and register the deed. You can get in touch with a real estate attorney and he will help you in this matter in a better way.

Take care.

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Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

I refinanced my house about 3 years ago however the new mortgage lender has not recorded the deed. The Deed is actually released to me from the priouse mortgage lender. Does that mean the mortgage holder does not own the property I live in DC

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gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

EJ, you own your own home regardless of whether you mortgage it or not. The bank with whom you refinanced has a lien on the home and that's that. Why they take so long to file a deed is anyone's guess, but it only jeopardizes their position. It has nothing to do with ownership of the home at all, and you needn't worry about it at all, frankly.

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Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

I have worked with Indy Mac bank on a loan modification and every month they would come back and say they were missing a document.This happened over and over again.Without notice they sold my house back to the bank.I called the people who are handling the sale and was told to talk to the bank and see if they were going to modify it with no good new they said nothing can be doneOne West still on calling them say they are looking for a few more documents

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Anonymous's picture
Anonymous | Joined: June 8, 2004 01:06 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

I did a deed to lieu with the bank in may 2010 signed all the papers and they still haven't recorded the deed, now the house received a violation tickets after 2 months. Am I responsible for the tickets or they are since they owned it now.

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Niicss's picture
Niicss | Joined: October 3, 2005 11:54 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

If the property is still in your name, then you will be liable for the violation tickets.

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gmakerley's picture
gmakerley | Joined: November 9, 2007 07:36 am | Posts: 0 | Location: New Jersey | 00 Dollars($)

Since the property is clearly not your own any longer, you need not concern yourself with "violation tickets." What are they, anyway?

The lender owns the home - you transferred title and you ought to have proof of that (I hope you do)...the lender's delay in recording is simply sloth on their part, or forgetfulness or something of that sort.

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