How do we go about getting the title for our paid in full house?
The place was paid in full last month. The final payment was sent with a letter asking for them to send us the title, which we will need in order to pay the taxes on the house. The people we bought it from have not sent the title and now all of the phone numbers for them that we have no longer work. Are we going to have to hire a lawer to take care of this?
It sounds like you bought this property from a private individual. If you bought this through a loan from a bank, the bank should be holding a lien on your property. When everything is paid in full, the bank will release the lien and redraw a title to reflect your name only.
If you bought this property from a private individual, that individual holds a lien on that property. It should be in the purchase agreement. If you cannot contact the person that holds the lien, try to contact a title company in your area. they should be able to trace the title and lien holder's contact info. The tile company should also be able to assist you about the transfer of title, their is a minimal fee for both parties.
If you did not close with a title co. and no purchase agreement, then you can consult an atty and spend your hard earned money... be prepare for a lengthy process...
