InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Foreclosure Codes 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 60+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Lien Question Posted by Vince on October 06, 2003 at 9:53 PM Ward or anyone who could help me out there, I would like to know if a Title co. could close and record on a refinance transaction if there's an outstanding judgement lien on a house that has not been pay off yet? I placed the judgement lien on the homeowner on May 5, 2003 because the homeowner owes me money and I just found out today that the homeowner just recently refinance their home without paying off the lien. I thought the purpose of the judgement lien was for me to get paid off when the homeowners refinance or sale their home. Am I wrong or am I right? Who is at fault for this transaction and who could I go after for screwing this up? The Title Co.? The Mortgage broker? or The Lender? And do you know any really good real estate lawyers out there for this situation? Thanks, Vince Follow Ups: Slipped through the cracks?? Ward-CA- 0:01 AM, 10/07/03 (6) Re: Slipped through the cracks?? Travis-CA 2:30 PM, 10/07/03 (5) Finding an older judgment Ward-CA- 6:32 PM, 10/08/03 (0) Re: Slipped through the cracks?? vince 3:43 PM, 10/07/03 (3) Re: Slipped through the cracks?? Rich Osbourne 8:21 PM, 11/07/03 (0) Re: Slipped through the cracks?? Mark 9:37 PM, 10/07/03 (1) Re: Slipped through the cracks?? Rich Osbourne 5:42 PM, 12/01/03 (0) Re: Lien Question Ellis 10:34 PM, 10/06/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward or anyone who could help me out there, : I would like to know if a Title co. could close and record on a refinance transaction if there's an outstanding judgement lien on a house that has not been pay off yet? : I placed the judgement lien on the homeowner on May 5, 2003 because the homeowner owes me money and I just found out today that the homeowner just recently refinance their home without paying off the lien. I thought the purpose of the judgement lien was for me to get paid off when the homeowners refinance or sale their home. Am I wrong or am I right? : Who is at fault for this transaction and who could I go after for screwing this up? The Title Co.? The Mortgage broker? or The Lender? : And do you know any really good real estate lawyers out there for this situation? : Thanks, : Vince 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2003, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455