Tuesday, December 22, 2009

If an attorney asks for your recorded mortgage, what is he talking about?

I have an appointment with an attorney and he gave me a list of papers to bring. One of the items on the list was Recorded Mortgage. This was listed separate from Monthly Mortgage Statement. What exactly is the Recorded Mortgage? Is he looking for the big packet of papers that we signed at the closing table when we bought the place? The Deed was also listed separate, so I know he isn't talking about that either. Can anyone tell me what the attorney is looking for? I need to know ASAP. Thank you.If an attorney asks for your recorded mortgage, what is he talking about?
When you buy a home, two things are usually recorded with the County Register of Deeds: the deed to the property and the mortgage (or Deed of Trust) for the bank. Usually you can find this on the county website (do a search for your county's register of deeds) where the home is located. Most county's now have everything on-line so do a search for your name and it should come up. This is recorded to show the that the bank has a lien (or interest) in your home until the loan is paid off. If an attorney asks for your recorded mortgage, what is he talking about?
Yes, the packet. He wants the contract that you signed and agreed to.

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