Title issues and/or defects may be covered by your title insurance

Question:

Hi Mark,

Hmm…ok, this is just bizarre. Perhaps you could suggest what additional documents I should order? I purchased a home in 2012, at 26911 Gregory Drive North. The home next door is 276657 Gregory Drive, with the below information. My parcel is A258465 and the Geocode is 03-1032-26-3-10-16673-0000

I believe I have found a problem with my title, in that, the previous owner of the house at 27887 Gregory Drive North, Lorena and Thomas Kryser (whom also owned my parcel) quit claim deeded the parcel, and held it in a trust, until 2013. The previous owner of my home, was Dr. Kelly and Amy Clarke. I did my own title search at the county and see that, there is legal proceedings regarding the estate of The Krysers. I believe it has to do with the aforementioned land held in trust. Also, my lien holder, Wells Fargo provided me with a bogus MIN number. My property is not registered to MERS. I will happily pay more, to get to the bottom of this. What products do you suggest? Honestly, its all VERY sketchy. My address pulls up 5 MIN numbers. Only one is active, and, I called the servicer, whom claims that, they do not service nor invested in my loan. I’m thinking that, I have opened a can of worms and loan fraud. Any assistance you can provide would be greatly appreciated.

Thank you,
Gemma M.   —–Original Message—–

 

Answer:

Gemma,

You were referred to me for follow-up on your inquiry.

I ran a courtesy location report to see if that would help us. I tried to run a report for the property history and valuation using the property code but I kept getting messages that I needed a suite or apartment number. This leads me to believe that the code 03-1032-26-3-6676-0000 identifies multiple properties. I also tried to run the report using the parcel number A25450 and the alternate parcel number 000A28450 but it said “none found.” I noticed a strange thing on the location report, however. If you look at page 2 of the courtesy Location Report attached to this email, it states that the property’s MSA is Waco, Texas. MSA is an acronym for Metropolitan Statistical Area which is a “geographical region with a relatively high population density at its core and close economic ties throughout the area.” Obviously that doesn’t make much sense and it may or may not be relevant.

So we may have two or three different problems – one relating to the litigation pending with the previous owner’s estate and the other potentially being that the property was not split and/or indexed correctly. I suggest turning first to the title company that handled your purchase and closed the transaction. Any title issues and/or defects may be covered by your title insurance and hopefully they will also fix the issue with the way the property was indexed (or lead you in the right direction). If the title company cannot resolve the issues and/or cannot provide you with a chain of title at no charge or for less than what we charge, you may certainly order the Full Chain of Title Report on our site and then present the documents to a real estate attorney for evaluation. Clients often save legal fees when they are prepared with as much information as possible before they consult with an attorney. Please let us know if you need a referral to a real estate attorney in your area.

Thank you for your business and please let us know if you have additional questions or need more information.

Thank you,

Jeannie B.
Client Services
www.UsTitleRecords.com

 

Client response:

Hi Jeannie,

You are an answer to my prayers!!! Thank you, thank you!! At present, I would not prefer to engage the title company that closed on my property, because I believe they are very much aware that there is an issue. It’s a long and sorted issue, but, I believe I may be living in the twilight zone since moving from Chicago to here!! In a nutshell, I absolutely would prefer to run the full title search. I do not see any Realty Transfer certificates that have been filed with the county. In fact, the employee at the Dept. of Revenue actually hung up on me?! Which, leads me to believe that, I have opened up a can of worms…as in loan fraud! On the MERS system, my address and my neighbor’s address come up with the same MIN numbers? His address is 2939 Gregory Drive North. Steve and Jennifer Corning. So, before I engage a real estate attorney, what do you need from me, to run a full report? I look forward to your response.

Thank you,
Gemma

Client follow up response:

Hi Jeannie,
I wanted to check back in with you, to see if you were able to find out anything else on my property? I’d say that there is something definitely going on, because apparently there were 3 separate FEMA flood policies issued. 2 of which, are still open, and, oddly enough, not in my name? Anyway, I have been downtown Billings, and, visiting at the mapping department, as well as the Yellowstone County Clerk and Recorder. The mapping department told me that, outside of the state, the geocode does not equate to GPS longitude and latitude coordinates. Within the documents, I see the FFIEC Geocode is as follows:

MSA/MD Code: 13740
State Code: 30
County Code: 111
Tract Code: 0013.00

I look forward to hearing back from you.
Thank you,
Gemma

 

Answer:

Gemma,

Has your chain of title packet been delivered to you yet from the records department? If yes, let me know so that we can discuss the contents and try to sort through your questions.

Thank you,

Jeannie B.
Client Services
www.UsTitleRecords.com

 

Client response:

Good Morning,

The first that comes to mind, is this. Do you know if when a loan originator puts the address into the FFIEC’s Geocode Search (for the HMDA/CRA Reporting), does each and every address come out with a different code? For example, when I put into the Geocoder on the FFIEC website, say, my next door neighbor’s address, the same tract comes up? You had mentioned the indexing maybe being incorrect. When I inquired at the mapping department, they assured me, that the geocode assigned was only used in Montana? That, it did not have anything to do with longitude and latitude? Am I able to “call” into US Title to speak to you? I am on MST, and am uncertain as to where you are located?
Thank you,

Gemma

 

Answer:

Hi Gemma,

We are not authorized to serve clients via telephone because potential liability issues may arise in connection with clients misconstruing communications as legal advice. The company avoids such miscommunications by maintaining written threads.

I think at this point it may be a good idea to make one new list of all the issues/problems. I don’t have a copy of your chain of title documents so if you don’t mind forwarding that to me together with the list of questions, I will help you sort through the issues one by one.

Thank you,

Jeannie B.
Client Services
www.UsTitleRecords.com