Do i have any recourse against the title company?
AllenaTwo years ago I purchased a house. Now I am refinancing the house after adding considerable square footage. In the process of refinancing it was discovered that one of the seller's signatures was not notarized. Now begins the process of having to get the original sellers back to re-sign. In the meanwhile, I am being penalized by additional costs of interest plus undue stress. Do I have any recourse against the title company that handle the closing 2 years ago?
AuroraI ran into a similar situatution where the escrow officer signed in place of the previous owner and previous owner signed in place of escrow officer.They need to correct the error, you can attempt to make an issue through their error and omission insurance, but your probably looking at an uphill battle.
Cyndyyou're not going to get compensated for stress or anguish.title laws depend on the state or countymost counties or states dont require documents to be notarized. now since you added square footage they will require to view all permits use to complete the square footage
IsraelNone whatsoever, as long as they correct the error in a timely fashion. You cannot successfully sue someone for increased interest costs because their error caused you a delay in refinancing, and you're certainly not going to get any sort of monetary reward for 'your stress'.
KimberliYou're only recourse would probably be against the notary that omitted the signature, but good luck with that.Title Companies are a money grab. They charge you for finding clear title but then make you sign all types of waivers that (in case their wrong) you hold them harmless.Go figure.