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Mitchell Matsuno [415manager]

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200K Title Mistake?

BirdDogAndBeginners

hello, i am a rather new investor and own a rental property in AZ. I refinanced the property in 2003 a few years after i bought it. I recently have been trying to refi since about april 2004. Now, the reason it has not gone through is that the deed of trust for the refi in 2003 was never recorded. the lender is blowing me off. and the title company is trying to set up new paperwork for me to sign, but the original documents seem to be missing. my question is what if i sell right now? there is nothing recorded with the county recorder as far as a loan goes. Is the title company liable here? what if i stop making payments? please let me know what you think...[ Edited by 415manager on Date 08/17/2004 ]

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