Posted on: 09th Sep, 2010 01:48 pm
I have a problem with the title of my home wherein an easement was improperly identified on our plat. Our mortgage provider required title insurance without a survey exclusion prior to closing. Once we closed, the title company provided title insurance with the survey exclusion anyway. Now the home has been devalued due to the easment being incorrectly platted (and covering the entire lot/home). Shouldn't the mortgage company take responsibility for this devaluation?
Welcome Newbie,
The mortgage company is responsible to some extent for the devaluation of the property. You need to contact an attorney and discuss the matter with him. He will guide you as to what you can do in this matter.
The mortgage company is responsible to some extent for the devaluation of the property. You need to contact an attorney and discuss the matter with him. He will guide you as to what you can do in this matter.