Mers and your Hawaii Mortgage

[John S. Rabi]

quote:

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Originally posted by Nancy Fryhover
I know that many will become aware of the problem when they try to sell and their buyer won't be able to obtain title insureance because of the break in title chain, but I would be remiss if I didn't speak up.

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Nancy, you really are absessed with MERS, aren't you? Anyone with concerns can go to the MERS web site, type in their property address and it will tell you who is holding the mortgage and who is servicing the mortgage. It's a "problem" brought out by some people trying to challenge their foreclosures, it's not a "real" problem and that's why you don't read much about it. MERS doesn't affect the chain of title either.

Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)