This is the first time I've run across this. The seller stated that they had a WAMU Heloc as a second but had not gotten a bill in a year and a half. We are under contract now. I had the seller call Chase to see what their new account number is. Chase said there is no such loan in their system and there never has been. I searched the public records and found no record of any second mortgage ever recorded. I asked the attorney's office to go ahead and order title last week and explained the situation. I just heard from one of his staff yesterday that THERE IS NO SECOND MORTGAGE that came up on title.
Now the attorney's office has me waiting because the staff member is telling me that he has to call me to discuss it? I guess he doesn't even know what to do?
I'm in Florida. Has anyone else ever seen this???
Any thoughts? How can you even try to pay someone that seemingly doesn't exist???
I'm blown away by this one.
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