I have admitted several times that I have trouble interpreting the property land records that I get from the Recorder of Deed’s database. It dawned on me to look at my own property records to get a sense of what is what.
For reasons, I’m going to change up some names but I will keep the dates. In 2001 I bought my house with a mortgage. In 2003 I took out a HELOC, or 2nd mortgage with Bank B. That was recorded in 2004. In 2006 the Bank B HELOC was paid off and it looks like I took on another HELOC for 100K for the major renovation with Bank A. In 2009, I refinanced, replacing Countrywide with Bank A and absorbing the HELOC I had with them into the new 30 year mortgage. When 2014 rolled around, we (now married to The Help) refinanced to a 7 yr ARM with some cash to pay for the 4th renovation. What I don’t see is the HELOC I took out that year in my name. Which might explain why the title company couldn’t find it either when we sold the house. Continue reading Figuring out the Recorder of Deeds Docs