How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Roger Your Own Question
Roger, Lawyer
Category: Real Estate Law
Satisfied Customers: 31603
Experience:  BV Rated by Martindale-Hubbell; SuperLawyer rating by Thompson-Reuters
Type Your Real Estate Law Question Here...
Roger is online now
A new question is answered every 9 seconds

On a short sale that Title closed with a hud one, the buyer

Customer Question

On a short sale that Stewart Title closed with a hud one, the buyer used first American, the buyer then sold it again to a new buyer, that fire used Chicago Title, they caught, a warrant to an investor partner, who had 50% interest in the property.
Who is responsible? The party who had the warrant won't sign off on it until he gets money, the title company is trying to get money from the other 50% partner to right off the warrant,
From Dave Harwood,(###) ###-####could you please phone me regarding this, or email your opinion to f harwood 5 at, I thank you so much.
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Roger replied 1 year ago.

Hi - my name is ***** ***** I'll be glad to assist.

The last title company that wrote title insurance would likely be liable for the title may then have rights to go against the previous title companies depending on the terms of the policies.....but the last one to issue a policy is likely going to be the one liable for the present issue.

Expert:  Roger replied 1 year ago.

Most title insurance policies expire when the loan related to the title insurance is paid off or you'd need to check on that as well.