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Paying off your Mortgage #6214

At the time of your mortgage being paid off, the Bank/Mortgage Co. may send you two documents; one that states the loan was “paid and canceled,” and also a disbursement check voucher that states the mortgage was paid in full. Now, in order for you to prove that you own the property outright you need to have your mortgage (called a deed of trust) released from land records in the county where your property is located. You can either contact the “recorder of deeds in your county where your property is located and have it released from land records” or have your attorney do this.

5.00 (3)


Thanks to: Dennis - Los Angeles - USA. - rec.:Jun 10, 2011 - pub.:Jun 10, 2011 - sent.:Apr 23, 2012
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