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: The Home Equity Theft Reporter

Unrecorded Mortgages, Judgment Liens, & Bona Fide Purchaser - Who's On First?

By r morris

A recent court case decided by the Maryland Court of Special Appeals sets forth the following facts:On July 15, 2005, Bank makes a $150,000 home loan secured by a deed of trust to a homeowner on a home located in Baltimore County.Through inadvertence, the deed of trust was not recorded in the Baltimore County Land Records.On May 11, 2007, as a result of an unrelated lawsuit against the homeowner

Full post as published by The Home Equity Theft Reporter on January 13, 2010 (boomark / email).