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Nesgroup address: misc.consumers.house - Date & Time for the message: Mon, 07 Mar 2005 16:29:01 GMT
/ Author of the message: vze8f3tq@verizon.net (v) |
Title of the message: |
Re: Paying off mortgage soon...a few questions please
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Text of the message: |
On Fri, 4 Mar 2005 20:08:18 +0000 (UTC), someone wrote: >...Save it with the deed which >you should already have. In a fireproof safe at a minimum. A bank safe >deposit box is even better. > Absolutely unnecessary to save these in a fireproof box or safe deposit. The only ones that count are what has already been recorded in the registry of deeds. There is just about NO legal use for the original mortage document OR deed. You might keep a copy around so that you know the book, page, dates etc. to help anyone needing to search title not start from scratch, but that is just a convenience. Do you think you no longer own the property if you can't find the original? Do you think that having it means you own it? (Nope, when you sell the property to the next guy, NOBODY comes to your safe deposit box and seizes your old deed - its just that, and old deed.) I hear people recite this advice all the time - but tell me, what do |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.