Liens and reconveyances

To continue from where we left off. If the liens of record are moved off title instead of having  been satisfied and having left the demand issuer whole, then the G/L reads much differently. The transaction would read twice the value of the income wire .

This is what we do. Show through the HUD 1 and from discovery the liens  of record were never satisfied or never paid as represented at closing!

ABA   Wire into Settlement            546,250
Liens   of Record                 0.00
Reconveyances             546,250
Equity Held         $1,092,500
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One thought on “Liens and reconveyances

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