Legal Question in Real Estate Law in New York

We applied for a home equity line of credit on our home purchased in 1979. I have clear title on the house, dated 1988 & 1992, no mortgage. A lien popped up during the application from 1977, apparently from a mortgage 2 owners ago, from a finance co. that no longer exists. What do I do?

Asked on 6/16/13, 6:53 am

2 Answers from Attorneys

Arnold Nager Arnold H. Nager, Esquire

Contact the title company you used when you bought your house. This is what title insurance is supposed to insure you against.

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Answered on 6/16/13, 8:11 am

Walter LeVine Walter D. LeVine, Esq.

I agree with Arnold. If they missed it, they should be responsible to discharge it.

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Answered on 6/21/13, 7:04 pm

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