Welcome! Log In Create A New Profile

Strange Mechanics Lien Recorded After Foreclosure and New Recorded Trustee's Deed

Forum List Message List New Topic Print View

cyrus

November 18, 2015 01:50PM

Registered: 12 years ago
Posts: 10

Some weirdo has taken it upon themselves to record a mechanics lien on a property we acquired at the foreclosure auction, a month after we recorded the new trustee's deed upon sale. We were in escrow when we found out about this. We are set to close now and 3 title co's are budging from insuring the prop. I sell as-is and this was supposed to be all-cash, but they have now acquired a loan and the lender and even the escrow claim they do not move forward ever without a title insurance.

It doesn't seem like anyone has done any work in the past few months on the property. Had they recorded before the trustee sale, they would have been wiped out, but recording after the property has been sold to someone else seems just crazy. The contractor has a website and an 800 number that dont get you to anywhere. What is the quickest way to close this escrow? An Indemnity company? An ex-parte hearing? Any attorney you may recommend for the job? Shouldn't as-is cover such issues? Next time I will add as-is, without any warrantees, guarantees or insurance.

It is interesting to read about the various deadlines that exist for a contractor to file anything.
[saclaw.org]

Reply Quote

RSS

Subject	Author	Views	Posted
Strange Mechanics Lien Recorded After Foreclosure and New Recorded Trustee's Deed	cyrus	4233	November 18, 2015 01:50PM
You'll prevail, but it' going to take some time..	Ward-CA	3156	November 19, 2015 04:37PM

Sorry, only registered users may post in this forum.

Click here to login

Strange Mechanics Lien Recorded After Foreclosure and New Recorded Trustee's Deed

Strange Mechanics Lien Recorded After Foreclosure and New Recorded Trustee's Deed

You'll prevail, but it' going to take some time..