How long does a Bank have to record a Deed

Author Message
Icon Mini Profile support7





Joined: 04 Sep 2009

Posts: 2

1.80 Dollars($)
Post Posted: Fri Sep 04, 2009 4:37 pm    Post subject: How long does a Bank have to record a Deed
Like
Dislike

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.
Icon Mini Profile eric1
eric1
Community Expert
Community Expert

best lender badge

Joined: 04 Jan 2009

Posts: 1516

227.77 Dollars($)
Post Posted: Fri Sep 04, 2009 6:25 pm    Post subject:
Like
Dislike

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.
_________________
Eric JLow Down Payment, No PMI !
FHA RATE QUOTE
Mortgage Rate Quote
Icon Mini Profile simonhovell





Joined: 03 Sep 2009

Posts: 36

-0.12 Dollars($)
Post Posted: Fri Sep 04, 2009 9:48 pm    Post subject:
Like
Dislike

as a result of foreclosure sale, bank must have given you some documents/ notice. you can use them as an evidence
Icon Mini Profile support7





Joined: 04 Sep 2009

Posts: 2

1.80 Dollars($)
Post Posted: Sun Sep 06, 2009 4:26 pm    Post subject:
Like
Dislike

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.
Elisabeth

Guest







Post Posted: Thu Jun 03, 2010 8:45 am    Post subject: clearing deed?
Like
Dislike

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
Icon Mini Profile sara
sara
Moderator



Joined: 05 Jul 2006

Posts: 3236
Location: New Brunswick, New Jersey
581.38 Dollars($)
Post Posted: Fri Jun 04, 2010 2:35 am    Post subject:
Like
Dislike

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.

_________________
Find me at FB: http://www.facebook.com/people/Sara-Jones/100002976822020
Join me at G+: https://plus.google.com/109953528133398164155/posts?partnerid=gplp0
EJ

Guest







Post Posted: Thu Jul 15, 2010 1:02 pm    Post subject: Deed
Like
Dislike

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
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12377
Location: bloomfield, ct
58.69 Dollars($)
Post Posted: Fri Jul 16, 2010 8:02 am    Post subject:
Like
Dislike

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.
_________________
George M. Akerley
Mortgage Consultant
Word of Excellence- Writing/Editing/Proofreading
Ronald Steepleton

Guest







Post Posted: Thu Aug 26, 2010 1:57 pm    Post subject: sold back to bank foreclosure
Like
Dislike

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
Noel Smith

Guest







Post Posted: Mon Nov 15, 2010 5:23 pm    Post subject: recorded deed
Like
Dislike

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.
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 5499
Location: New Jersey
601.94 Dollars($)
Post Posted: Tue Nov 16, 2010 3:18 am    Post subject:
Like
Dislike

If the property is still in your name, then you will be liable for the violation tickets.
_________________
Good is the Enemy of Great.
Icon Mini Profile gmakerley
gmakerley
Community Mentor
Community Mentor

best lender badge

Joined: 09 Nov 2007

Posts: 12377
Location: bloomfield, ct
58.69 Dollars($)
Post Posted: Wed Nov 17, 2010 2:56 pm    Post subject:
Like
Dislike

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.

_________________
George M. Akerley
Mortgage Consultant
Word of Excellence- Writing/Editing/Proofreading
All times are GMT - 7 Hours
Page 1 of 1

 

Page loaded in 0.456 seconds.