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Tina
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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Property "A" was awarded to my ex-wife in 2007 divorce but

Customer Question

Hello,
Property "A" was awarded to my ex-wife in 2007 divorce but she was unable to refinance and stopped paying mortgage payment and foreclosed with judgement for $125,000(9/2015). And the property was sold to the lender (WFS) for $108,000 in 12/2015 and the sheriff filed the Writ of Execution on 12/7/2015.
Without any knowledge of the above proceedings, I sold my property "B", and escrow was about to close 1/2016. Escrow found the lien on my property "B" for the judgement on "A"
Today, I received payoff balance of $130.000.
From sale of property "B" I can only receive $100,000
Logically I thought I could expect $100,000 minus $22,000 = $78,000 from the sale of "B", and go after my ex-wife to recover the $22,000.
Escrow closing date is only 2 weeks away.
I need advise.
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Ray replied 1 year ago.

Hi and welcome to JA. Ray here to help you tonight.

Can you tell me what state you ar ein and whether the wife's name was on the property when lien was recorded, some more information her please.