That the paperwork can go through so many hands and no one looks at the title committment to see vesting.....and this is THEIR job. The first big clue is when the title docs have them signing one way and the lender docs have them signing another. I appreciate it when title companies include the committment because then I can check the vesting and call if there is a discrepancy and usually get instructions to have the borrowers change and initial the mortgage to match vesting or add an aka. Sometimes it requires a deed.
Never the less, thanks for the education. When I get these situations I always just shake my head and wonder HOW MANY hands has this deal gone through, & ME, the notary is just catching this mistake at the table. Now I know.
Joan-OH |
