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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Check your state's statute on this issue. Posted by Ward-CA- on May 15, 2003 at 7:18 PM In Reply to: How long should it take to get some paper work showing ownership? posted by mike on May 14, 2003 at 7:53 PM : Hi, : Paid my last payment on two properties on 3/25/03 : I have been waiting for a letter of satisfaction. : I have been waiting 50 days now. : I feel that something is not right and the Mortgagees are up to something. : They keep saying I will be getting papers in the mail. : How long should it take to get some paper work showing ownership? : I have a Deed and all my payment receipts. : Should I contact my lawyer? : Am I just worrying for nothing? : Thank you, : Mike ===================== Mike, Recorded evidence of loan payoffs are commonly delayed nowadays, even though many states provide for penalties if the lender exceeds the allowable time limit. So check the applicable statute in your state regarding the maximum time allowed to record the payoff of your mortgage and send your lender a copy of it with the next reminder you send them. Hope this helps. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Hi, : : Paid my last payment on two properties on 3/25/03 : : I have been waiting for a letter of satisfaction. : : I have been waiting 50 days now. : : I feel that something is not right and the Mortgagees are up to something. : : They keep saying I will be getting papers in the mail. : : How long should it take to get some paper work showing ownership? : : I have a Deed and all my payment receipts. : : Should I contact my lawyer? : : Am I just worrying for nothing? : : Thank you, : : Mike : ===================== : Mike, : Recorded evidence of loan payoffs are commonly delayed nowadays, even though many states provide for penalties if the lender exceeds the allowable time limit. : So check the applicable statute in your state regarding the maximum time allowed to record the payoff of your mortgage and send your lender a copy of it with the next reminder you send them. : Hope this helps. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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