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How do you get a lien released on a real estate title?
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so how do you get a lien released on a
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real estate title this is Dave
at TitleSearch.com, certified
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title abstractors, a lien release is an
important part
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%uh clearing encumbrance on a property
title
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if a property has a lien on it what that
means is a document has been
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filed in the official records %uh that
title
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showing there's a claim against their
property there's a lien there's a
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judgment there's a more get some have a
claim against their property
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even if that lien has paid off even if
the
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the debtor has the amount owed under
that lien or mortgage
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the lien still remains on the property
until
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the creditor files another piece a paper
saying it's of the title
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for example if I have an account at a
bank with a mortgage
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in my mortgage balances a hundred
thousand dollars and I decide to walk in
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in
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hey that mortgage often fall might
balance with that bank
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will be 0 by look up I'm a cow look up
in their system it's going to be 0
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title to the property does not know
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that that account is 0 until the bank
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signed a document clearing it of the
title
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so having that lien release filed in the
land records
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is as important if not more important
then
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the clearance love the amout in the late
in the
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bank's records so having that lien
releases a porn also if you're going to
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look at lien release in the property
records
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make sure that their release itself has
the number of the book and page
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that corresponds correctly to the
originally because if it references
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another pic a document or another
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mortgage it's not gonna clear the one
that you're looking at you have
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questions about running a title search
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on real estate you can reach us at our
website at
TitlesSearch.com
