M
Marco
Guest
About a year I paid off a settlement obligation which was secured by a Deed of Trust. According to the settlement agreement I had to make the payment directly to the Beneficiary.
As I had an open escrow to refinance the property, I advise the Beneficiary to forward the Deed of Trust and Full Reconveyance
directly to the Escrow/Title company for Reconveyance of the Deed of Trust. Two days later my Escrow/Title sent a letter to the Beneficiary requesting a Substitution of Trustee and a letter confirming that the Deed of Trust is settled and no additional payments are due. The Beneficiary refused to comply to the letter from my Escrow/Title company. Consequentially, I was not able to refinance the property with a new low interest loan.
As the loan (first Deed of Trust) was due and payable in full, the Beneficiary offered me a roll over of the exciting loan at a higher interest which I had to accept. A month later, as the lender was ready to file the amendment, I received a letter from him if the second Deed of Trust, which I paid off is not reconvened within 48 hours he will call the loan. I forwarded the letter to the Beneficiary of the second Deed of Trust, who first refused to respond to the letter from my Escrow/Title Company. Now, I am considering to file a complaint for slander of title, by the
Beneficiary of the second Deed of Trust. I am not clear, who has to pay my Attorney Fee and what damages I can claim. Will I be entitled for punitive damages?
As I had an open escrow to refinance the property, I advise the Beneficiary to forward the Deed of Trust and Full Reconveyance
directly to the Escrow/Title company for Reconveyance of the Deed of Trust. Two days later my Escrow/Title sent a letter to the Beneficiary requesting a Substitution of Trustee and a letter confirming that the Deed of Trust is settled and no additional payments are due. The Beneficiary refused to comply to the letter from my Escrow/Title company. Consequentially, I was not able to refinance the property with a new low interest loan.
As the loan (first Deed of Trust) was due and payable in full, the Beneficiary offered me a roll over of the exciting loan at a higher interest which I had to accept. A month later, as the lender was ready to file the amendment, I received a letter from him if the second Deed of Trust, which I paid off is not reconvened within 48 hours he will call the loan. I forwarded the letter to the Beneficiary of the second Deed of Trust, who first refused to respond to the letter from my Escrow/Title Company. Now, I am considering to file a complaint for slander of title, by the
Beneficiary of the second Deed of Trust. I am not clear, who has to pay my Attorney Fee and what damages I can claim. Will I be entitled for punitive damages?