What is the name of your state (only U.S. law)? OHIO
What happens in a situation where a refinance was being done and after the loan was closed a tax lien shows up on the title. It was known by me that money was owed but there was not a lien at the time. Then in between closing and the new company getting on title the lien was placed and now new company says can't do the loan. The new company paid off the old mtg though and the old mtg company released the title as they were paid off. Now the new company can't get on title. I have not heard from them since they told me they couldn't do the loan, not knowing they had paid off old mtg, or the lien was placed etc. What happens now? Not trying to get out of anything but stuck right now. Old mtg company said account is closed and I no longer have a loan with them.
What happens in a situation where a refinance was being done and after the loan was closed a tax lien shows up on the title. It was known by me that money was owed but there was not a lien at the time. Then in between closing and the new company getting on title the lien was placed and now new company says can't do the loan. The new company paid off the old mtg though and the old mtg company released the title as they were paid off. Now the new company can't get on title. I have not heard from them since they told me they couldn't do the loan, not knowing they had paid off old mtg, or the lien was placed etc. What happens now? Not trying to get out of anything but stuck right now. Old mtg company said account is closed and I no longer have a loan with them.