[WSBARP] Clearing title old bank as legal owner

[Bryce Dille]

I agree probably will have to serve those claiming an interest by publication so total costs in doing this could exceed the value. You don’t need title for possession and it looks as if no one is going to repossess so take possession and use it knowing  possessor can’t pass  clear title.

From: wsbarp-bounces at lists.wsbarppt.com [mailto:wsbarp-bounces at lists.wsbarppt.com] On Behalf Of Gregory L. Ursich
Sent: Thursday, May 19, 2016 10:55 AM
To: WSBA Real Property Listserv
Subject: Re: [WSBARP] Clearing title old bank as legal owner

A quiet title lawsuit is the only way

Sent from my iPhone

On May 19, 2016, at 10:28 AM, Josh Grant <jgrant at accima.com<mailto:jgrant at accima.com>> wrote:
I hate mobile homes.

This is a 2nd request for some listserve wisdom.

I have a client trying to purchase a lot and old mobile home.  The mobile home has been fixed up.  Total purchase price is only $5000 so a great deal of legal work isn’t going to happen.
DOL tells us that a predecessor of the seller borrowed from “Western Savings and Loan” in 1986 and they continue as the “legal owner” on the title. .  We found a similar named S&L out of Phoenix, which was inactivated in 1989.  For that matter, we also have to clear off the old 1986 registered owner as well.  kind of a nightmare.

What is the procedure for clearing off these old debts and getting a new Title issued?

Thanks.

Josh
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