My question involves real estate located in the State of: GA
I just discovered that a security deed was cancelled releasing my property to another owner two years after I refinanced. Further there was a lis pendens on the property when I first purchased it that I wasn't told about that was released after my purchase.
I purchased the home in 2005 with ex who I divorced in 2007 and refinanced the home in my name with Countrwide. In order to close, I had to use the same closing attorney and I never understood why. My loan was part of a pool of loans in the Countrywide Settlement with Fannie Mae. I was told that I didn't need title insurance and have none.
If I purchased a home that I didn't have clear title to, I would have to file a lawsuit to have the cloud removed correct? Who can I or should I hold responsible for this. Would this be affirmative misconduct on Fannie Mae's part since they are the assign? Is the mortgage note and deed even valid?