Posted on: 09th Oct, 2012 08:33 am
My bank completed foreclosure in 2010, but the deed was recorded in 2012. I was told by a paralegal that it never takes over a year to record a deed. Why did mine take so long? Can a bank complete foreclosure without a deed because I was informed they did not have one.
Welcome Guest,
Well, it is the lender who will be able to let you know why it took so much time to record the deed. But it is true that unless the lender has the deed to your property or proper documents, he won't be able to continue with the foreclosure process.
Well, it is the lender who will be able to let you know why it took so much time to record the deed. But it is true that unless the lender has the deed to your property or proper documents, he won't be able to continue with the foreclosure process.
Hi singer!
Welcome to forums!
Bank cannot complete foreclosures unless they have proper documents. If they have done so, you may take legal actions against the lender. In such a situation, you can even contact a real estate attorney for the same.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Bank cannot complete foreclosures unless they have proper documents. If they have done so, you may take legal actions against the lender. In such a situation, you can even contact a real estate attorney for the same.
Feel free to ask if you've further queries.
Sussane