Buyer Beware You've Already Paid For Your New Deed
I have posted about this before, however, the problem still persists.
Warning
Don't pay twice for your Deed!
This is a warning to anyone who has just purchased and closed on a home. I can't speak to
other parts of the country although I've read that this practice has taken place in other states as well, however, here in Alabama residents who've recently purchased a home have received letters in the mail on what appears to be an official U.S. Government document, but it is NOT! The company claims for an $80 or $85 fee they will send the new homeowner a newly recorded Deed on the home they just purchased. This letter does not come from the U.S. Government...it is simply a way to get people to pay for something they've already paid for and don't really need anyway. Any homeowner can go to their County Clerks office and get a copy of their recorded Deed and only have to pay about $10 and not the much higher fee asked for in the letter...in most cases you really don't need a copy at all. Part of the closing costs paid when purchasing a home goes directly toward recording your Deed...so you've paid for it....the closing attorney has recorded your deed for you. There is a lot of information given out and documents signed at the closing table and this little item may have gotten lost or forgotten by the buyer during that somewhat stressful time. The closing attorney usually goes the day of closing to the County Clerks office and records the Deed and the homeowner is told that they will receive a copy in the mail shortly after, but sometimes up to six weeks later at least this is how it happens in Alabama. Other states vary as to when Deed and keys are delivered...real estate is Local!
The best thing to do if you receive such a letter in the mail suggesting that you need a recorded deed and that one will be provided for a fee is to call the closing attorney or the Realtor that represented you.
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