Title

[Sandra Hill]

We purchased a modular and 2 acres of land in California about six years ago. We were put on the title for the land but not for the modular itself. We are now selling the modular/land and need to put it on a permanent foundation for the buyer's FHA loan. We were told we would need to purchase a Title Bond in order to gain title, but can't seem to get anyone to tell us exactly what this is and what and who it protects. Is there any other way to have the title transferred to us at this point? Can the last named person on the title claim ownership?

Thanks,

 

[HomeGuru]

Who has title to the modular?

 

[Sandra Hill]

The first owners of the land/property are still on the title. The property was sold four to five times before we bought it, but no one else has ever been on the title. The last owner lost the property in foreclosure. We purchased it from Ford Consumer Credit and we were never put on the title either, except for the land. We are trying to sell the house, but it is a big mess. Would getting a Title Bond solve our problem?

 

[HomeGuru]

Wow, you need the help of a real estate attorney.