When I’m looking at a chain of title the goal for me is to eliminate as many of those ? as possible on the transaction history details as stated by Michelle in her webinar.
I’m almost ready to get a job as a title officer but here’s a couple of questions circling in my head right now that I would love to get cleared:::
Lets say original grant deed is given to husband/wife - A 1st position loan on the property is under the husbands name only and recorded on the same day. Does there have to be a quit claim deed here somewhere by the wife given to the husband which would have been filed? Does the same situation apply when a refinance happens as well?
When a refinance happens, is the reconveyance typically filed the same day and does a reconveyance have to be filed even if its the same bank doing the refinance?