Wells Fargo Release of Mortgage

I received a short sale approval from Wells Fargo for a property. Title work showed a $24k tax lien. Wells Fargo wouldn't pay for it, the IRS wouldn't remove it and my sellers didn't have the cash to pay for it. The transaction was cancelled. Last week the sellers received a recorded "Release of Mortgage" from Wells Fargo. Has anyone seen this happened before? I checked public records and it says cancel foreclosure sale and cancel notice of lis pendens. ???

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Permalink Reply by Lori Young on March 7, 2011 at 3:01am

Merry Christmas. One note before you celebrate too much, Wells Fargo may find the error and then you will be in for all kinds of issues.

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