Clear Your Title By Discharging Ancient Mortgages

An old mortgage recorded against your property decades ago can prevent you from selling, refinancing, or obtaining clear title—even if the debt was paid off long ago or the original lender no longer exists. Ancient mortgages that remain on the public record create clouds on title that lenders and title insurers will not overlook. Tracking down an ancient lender to obtain a formal release can be impossible; the lender may have gone out of business, merged with another institution, or simply lost records of the transaction. When a discharge or release cannot be obtained voluntarily, a legal action is necessary to compel removal of the stale mortgage from your title. Sverd Law Firm has successfully pursued actions to discharge ancient mortgages and clean up titles burdened by outdated recorded liens.

Why Ancient Mortgages Cloud Your Title

An old mortgage may have been recorded in the 1960s, 1970s, or 1980s when you or a prior owner obtained financing. The debt was paid off years ago, but the lender never filed a formal release of mortgage. The original lender may have gone out of business or been absorbed into a larger institution. Locating the holder of the note and obtaining a release becomes extremely difficult or impossible. Yet the mortgage remains recorded and prevents you from obtaining clear title. Title insurers will refuse to insure your property without exception, and lenders will refuse to finance a purchase or refinance an existing loan. You should not be held hostage by a stale lien from decades past.

We Remove The Encumbrance

Sverd Law Firm pursues actions to discharge ancient mortgages by locating the holder of the mortgage, demanding release, and if necessary, litigating to compel removal from the public record. The result is clear title free from the burden of outdated recorded liens.

Let Us Handle Your Case

If an ancient mortgage is clouding your title, email us to schedule your initial consultation today.