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Question
Jim, I'm having a problem with my title company, they still have not recorded my title with the city register and its been six months. I've asked them if they can give me the title so I can do the recording myself but they said they will not release it, what can I do to get my title legally?
BARD--
If your Home is still not recorded in your Name,if "New Construction," the Builder, Developer or whoever owned the Lot is still being billed for Property Taxes. If it's and "Older,"Pre-owned house the former owner of the Home is being billed.
In most parts of the Country, Property Taxes are handled by the COUNTY ASSESSORS OFFICE, based upon information recorded in the COUNTY RECORDS.
If your property is still recorded as under the ownership of others, and they aren't paying YOUR taxes, you could end up either losing the home and/or paying a HUGE Back-Tax Bill!
I suggest you take this issue to a local ATTORNEY a.s.a.p! HE/SHE CAN HELP GET THIS STRAIGHTENED ON/BEFORE IT "DAMAGES" YOU--AND HELP YOU GET "COMPENSATION" FOR ANY DAMAGES THAT MAY OCCUR.
In your Real Estate Market Area the RECORDING is PROBABLY the Title Company, but this varies across the Nation. Some places Recording is done by the LENDER,REAL ESTATE BROKER or a CLOSING ATTORNEY or LICENSED SETTLEMENT OFFICER. S-O-M-E-B-O-D-Y screwed up!
I can't think of any good reason for it to take over 6 months to record a sale!
--JIM
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Jim Root
Expertise
How to select the right Real Estate Salesperson & Loan Officer--ones who will serve your best interests! House-hunting tips & suggestions on selection of the home best for your family needs. Introduction to the Home Buying Process & all the "Players" involved.What is of utmost important to the Homebuyer? Real Estate Contracts & Negotiations, Appraisal needs, Title Co. involvement, Home Inspection issues& the Closing/Escrow systems, etc. Whatever your question, the answer will follow, whether from personal knowledge or research! Gale, shown here with me, has been a Real Estate Office Administrator, licensed Realtor & has served as my Research Assistant over the years!
Experience
Over 30 years as a "Real Estate Professional." including Real Estate Marketing & Sales, Appraisal work, Mortgage Banking & as a Realty Officer with U.S Dept. of HUD's FHA Homeownership Division in Alaska, Washington & Idaho! Some experience in Montana, California, Utah & Nevada markets!Knowledge of National Markets by continuous Research!
Organizations
Former member of Nat'l Ass'n of Realtors (NAR) & Mortgage Bankers Ass'n of America (MBAA). Currently with National Association of Review Appraisers & Mortgage Underwriters (NARA/MU).
Publications
Published in various local, state, regional & national Real Estate-related magazines & newsletters!Co-author of various Govt. publications on Homeownership, Appraisals & Mortgages while with HUD/FHA.
Education/Credentials
Associate Degree in Real Estate Studies plus:
Numerous Real Estate-related Courses conducted by the U. S. Government & Private Industry over the past 30 years.
Bachelors Degree in Mass Communications,
Masters Degree in Education/Teaching
Awards and Honors
Professional Designations: Certified Residential Originator (CRO) from MBAA, Registered Mortgage Underwiter (RMU) & Certified Review Appraiser (CRA) from NARA/MU. Outstanding Peformance Awards for 10 of the 12 years with HUD/FHA & numerous Sales/Listing Awards while a licensed Real Estate Agent.
Past/Present Clients
No longer selling/listing Real Estate, nor Appraising properties, nor working in the Mortgage business, this "Real Estate Pro" serves as Director of a Company that provides Professional Development Seminars & Workshops to the "Real Estate Industry" and provides free (as needed) & fee-paid (on a sliding scale) consulting & inspection services to members of the general public.Your questions will be answered without "salesmanship" & with your best interests in mind!
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