New Hampshire  |  Real Estate Law

Legal Question

Asked on: 9/22/13, 4:15 am

I am scheduled to close ona house in NH 9/30. Unfortunately the title search shows an undischarged mortgage from 1995. The title insurance company I am working with has agreed to provide us with a clean and marketable title and title insurance (so we can close ASAP) while they continue to resolve the issue.

My question is: should we close on the house even though they have not resolved the issue. They tell me I am covered with title insurance, however, my concer is if this can not or does not get resolved/recorded, will I have an issue selling in the future?

Thank you very much for your advice!

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