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Comments for The title company took $3000 out of my proceeds for lien on my property and it waz only $2000?

Property Lien
by: Staff FALDP

Dear Karen,
Without more information, we can't know the entire situation. However, the very first step has to be to question the title company and find out how they justify taking the additional $1000. I'm assuming that this took place because you refinanced your property, and the lien had to be satisfied. Liens build up interest, so at least part of that amount may have been interest. And the title company may also have charged you fees that you did not realize were being charged, ask for an accounting. Then, consider that it may have been a mistake, and, again, ask for an accounting.

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