Wednesday 23 July 2014

How long after the papers are signed to convey property back to morgage company via a deed in leiu does the mortgage company have to record ...

Question

How long after the papers are signed to convey property back to morgage company via a deed in leiu does the mortgage company have to record the transfer with the clerk of courts?



Answer

This should be done soon after you sign it. Once it is made part of the public record you no longer own the home.



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