[WSBARP] Bank's Title Company Uses Wrong Legal Description in Deed of Trust

[Jeff Davis]

Listmates,

 

PC's secured a HELOC with one of two adjacent parcels of property.  The Big
Bank's title company used the wrong legal description in the Deed of Trust.
As a result, the PC's were forced to payoff the HELOC early which resulted
in significant investment losses.  Is the Bank or their title company liable
for the losses?

 

Jeff Davis

 

W. Jeff Davis, Esq.

BELL & DAVIS PLLC
P.O. Box 510
Sequim WA 98382
Phone No.:(360) 683.1129 
Fax No.: (360) 683.1258 
email:  <mailto:info at bellanddavispllc.com> info at bellanddavispllc.com
 <http://www.bellanddavispllc.com/> www.bellanddavispllc.com
 
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