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Satisfaction of Mortgage

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L

lorac

Junior Member
What is the name of your state (only U.S. law)? Florida


I live in the state of Florida and purchased a house 50 years ago with a mortgage from the seller. Everything was done with a lawyer. We have the deed for the property. To make a long story short the seller has died. Many years ago I hired a lawyer. The seller lived in Michigan and the house was never mentioned in the estate. Nothing else was done. Previously I had talked to sellers attorney in Michigan to try and get a satisfaction of mortgage and lawyer insisted we did not need a satisfaction of mortgage because we have the deed. I have every cancelled check for the mortgage payments.

We are now thinking of selling our house and I am wondering if I can get title insurance without a mortgage satisfaction. If I cannot, what do I have to do to be able to sell the house. There are no liens against the house.

Thank you in advance.
 


Zigner

Zigner

Senior Member, Non-Attorney
lorac said:
What is the name of your state (only U.S. law)? Florida


I live in the state of Florida and purchased a house 50 years ago with a mortgage from the seller. Everything was done with a lawyer. We have the deed for the property. To make a long story short the seller has died. Many years ago I hired a lawyer. The seller lived in Michigan and the house was never mentioned in the estate. Nothing else was done. Previously I had talked to sellers attorney in Michigan to try and get a satisfaction of mortgage and lawyer insisted we did not need a satisfaction of mortgage because we have the deed. I have every cancelled check for the mortgage payments.

We are now thinking of selling our house and I am wondering if I can get title insurance without a mortgage satisfaction. If I cannot, what do I have to do to be able to sell the house. There are no liens against the house.

Thank you in advance.
Click to expand...
Why don't you contact a local title company and ask them to run a title search. That would be a good first step.

As a side note - kudos to you for sticking with it for 50 years and also for your excellent record-keeping :)
 
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