Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...
A deed of reconveyance is a legal document that's recorded with your local government when you pay off your home loan. Deeds of reconveyance are used in states that secure home loans with deeds of ...
If you want to truly own your home, a reconveyance deed is a critical document. This document is required to be submitted by your lender to your county to signify that you’ve paid off your mortgage ...
Q: I recently refinanced my home. During the loan process, the loan officer told me that an old mortgage loan, paid off several years ago with a refinance, still appeared on my title report and that ...
Paying off your mortgage is a financial milestone, one that should be marked with the issuance of a deed of reconveyance. A deed of reconveyance indicates that you’ve fully repaid your mortgage, ...
In some states, after you pay off a home loan, your lender issues you a document known as a deed of reconveyance. This means that the title to your home is no longer being held as collateral. Here’s ...
When you buy a home with a mortgage, the mortgage lender typically holds the property title until the mortgage is paid off. A deed of reconveyance transfers the title of a property from a mortgage ...
A deed of reconveyance, also known as a satisfaction of mortgage, is a document that proves you've paid off your mortgage. The deed of reconveyance releases the lien the mortgage lender placed on your ...
You'd never guess it from the name, but a deed of reconveyance can be a momentous document in your financial life. This type of deed transfers the title to your property from your mortgage lender back ...
Q: Can you tell me the proper procedure to follow when a person has completed his home mortgage? A: Jack Morgan, an executive mortgage planner with Wachovia in Novato, says: “The lender should sign ...
Q: Marsha, what is a Deed of Reconveyance and is it something I should be concerned about with my home? A: Oh yes, it is something you should be concerned about. When you borrowed the money secured by ...