Home / Title TRIDbits / – TRIDbits: Title is in the foreclosing lender by Sheriff’s Deed. They have several judgments against them; how do we clear them?
Q Title is in the foreclosing lender by Sheriff’s Deed. They have several judgments against them; how do we clear them?
Answer: Naturally our first choice is to have them paid and/or released.
Often, however, they are unwilling to do so and instead are offering an indemnification. We may be willing to accept such an indemnification from the lender on a case by case basis. Approval for accepting such an indemnification should be obtained from a member of our underwriting staff.
As always, feel free to address any questions to a member of our staff.
