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blu4door · 07-30-2007, 12:10 AM

Definantly don't take it for granted. Make sure they get their money.

They WILL sue you for it even though you have a lein release. More than likely they will get their money.

I have had a similar situation happen to me with my house, and the mortgage company ended up suing me for $75K. It turned out that they filed a satisfaction instead of a sold/transfer when they sold my loan to another mortgage company. They thought they never got their money and tried to get it from me. In the end the suit was expunged from my records, and all was well when they realised the mistake was on their end. That was the day I was truely grateful that my wife works at a law firm.

All of this happened about 2 years after they originaly made their mistake. So it may take a while, but they will catch up to it eventually.

07-30-2007, 12:10 AM	#8
blu4door Tri-State Aficionado Join Date: Jun 2005 Location: trenton Member #504 My Ride: 1979 ford econoline van iTrader: (0)	Definantly don't take it for granted. Make sure they get their money. They WILL sue you for it even though you have a lein release. More than likely they will get their money. I have had a similar situation happen to me with my house, and the mortgage company ended up suing me for $75K. It turned out that they filed a satisfaction instead of a sold/transfer when they sold my loan to another mortgage company. They thought they never got their money and tried to get it from me. In the end the suit was expunged from my records, and all was well when they realised the mistake was on their end. That was the day I was truely grateful that my wife works at a law firm. All of this happened about 2 years after they originaly made their mistake. So it may take a while, but they will catch up to it eventually. Last edited by blu4door; 07-30-2007 at 12:13 AM.