It is not in the closing package

Based on the closing package, corporate owner/seler affidavit, it said:

I know of no action or proceedings relating to said property which is now pending in any state or federal count in U.S, nor do we know of any state or federal judgement or any federal lien of any kind or nature whatsover, which now constitutes or could constitue a lien upon the subject property;

There are no judgements against us unpaid or unsatisfied of record, IRS liens and/or state revenue liens in any court.

We did buy this house throught our buyer agent, who is NOT seller agent at the same time. We do have title insurance. I already contacted the title company.

Do you think we should be OK? Thanks.

所有跟帖: 

bought a house without title insurance? cannot believe that. -东门庆- 给 东门庆 发送悄悄话 东门庆 的博客首页 (92 bytes) () 12/08/2010 postreply 18:20:31

We have title insurance, -buyhouse123A- 给 buyhouse123A 发送悄悄话 (240 bytes) () 12/08/2010 postreply 18:26:44

if lien not removed, you cannot sell the house in traditional wa -东门庆- 给 东门庆 发送悄悄话 东门庆 的博客首页 (119 bytes) () 12/08/2010 postreply 18:29:58

what is the role of title insurnace? -buyhouse123A- 给 buyhouse123A 发送悄悄话 (211 bytes) () 12/08/2010 postreply 18:34:07

correct. title insurance should pay for this issue -东门庆- 给 东门庆 发送悄悄话 东门庆 的博客首页 (187 bytes) () 12/08/2010 postreply 18:38:02

The lien is for the tile and window blinds -buyhouse123A- 给 buyhouse123A 发送悄悄话 (179 bytes) () 12/08/2010 postreply 18:45:09

If the lien cannot be removed, you will have to wait until it ex -东门庆- 给 东门庆 发送悄悄话 东门庆 的博客首页 (80 bytes) () 12/08/2010 postreply 18:53:09

The lien is likely on the whole project. Even your -东门庆- 给 东门庆 发送悄悄话 东门庆 的博客首页 (74 bytes) () 12/08/2010 postreply 18:55:54

it is "preliminary notice to owner" -buyhouse123A- 给 buyhouse123A 发送悄悄话 (347 bytes) () 12/08/2010 postreply 19:04:08

Do not worrry -jjj7- 给 jjj7 发送悄悄话 jjj7 的博客首页 (380 bytes) () 12/08/2010 postreply 20:00:35

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