Thursday, October 20, 2011

Title Company Paperwork Screw Up Leaves Houston Couple Facing Foreclosure, Despite Having Made All Mortgage Payments

In Houston, Texas, FOX Channel 26 reports:

  • For two years, a Houston couple diligently paid the monthly mortgage on their new home. Then came the unbelievable news that the home was never theirs; the title had never been transferred.

  • Soon after Brian and Khanklink Pyron bought their home in 2008, the title company they used, Esquire Title, filed for bankruptcy.

  • Therefore, the title to the home was never legally transferred to the Pyrons. It still belonged to Wells Fargo, the bank that held the previous owner's mortgage.

  • "We did everything we were supposed to do. All this had been going on for two years. Nobody has communicated with us, notified us. We had been paying our mortgage and everything," Brian said.

For more, see Family Hit by Surprise Foreclosure.

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