| Address: | 16461 Excalibur Rd, Bowie, MD 20716, USA |
|---|---|
| Postal code: | 20716 |
| Phone: | (301) 390-4522 |
| Website: | http://www.cutitleinsurance.com/ |
| Monday: | 8:00 AM – 4:30 PM |
|---|---|
| Tuesday: | 8:00 AM – 4:30 PM |
| Wednesday: | 8:00 AM – 4:30 PM |
| Thursday: | 8:00 AM – 4:30 PM |
| Friday: | 8:00 AM – 4:30 PM |
| Saturday: | Closed |
| Sunday: | Closed |
This will be a long post, but I think it’s important to tell my story—it could be yours too. I had a condo in Laurel, became sick and disabled in 1998, and with just 1/3 my salary in retirement, accrued credit card debt and subsequent judgment and lien (sometime around 2002) before getting SS disability that same year. I tried to resolve the debt but they were cruel and bullies, and I was too sick to deal with them. In the fall of 2015, I moved to the Midwest to reduce expenses, renting my condo until I felt I could sell.
Three months ago I hired CU Title Insurance to do a check to see if the lien had expired, and to my delight it had. Here’s what no one will tell you if you’re in my situation: there’s a 12-year limit on liens in Maryland; it cannot be refiled, making the clock start over. (A judgment in the courts can be amended but it does not and cannot affect the lien.). Your debt does not go away after the lien expires, but the bank can’t go after your home to get it. Unfortunately, I did not understand this until Shelly at CU Title explained it to me yesterday.
In early November of this year—after getting that “clean” check by CU Title, I listed and sold my condo in just a week. The buyer chose a different title company and apparently some or all of their staff are less knowledgeable about such things, so they looked into the judgment (not the search for a lien) and ended up contacting the cc company/bank. Of course, the bank’s lawyers weren’t going to tell her there was no lien; if I’d only gone by what they told me, I would have gotten virtually nothing back from the closing—money I desperately need now. But as I mentioned, I immediately reconnected with the president at CU Title after learning about this horrible turn of events (I was furious), but she told me she’d bet her 30 years of experience that the other company was wrong. She double-checked with her underwriters, then she called the other company’s rep handling my sale and explained how she was misinformed; that rep talked with their underwriters and was told the same thing. The result is that I’ll get my money as expected, but not without a day of unnecessary anxiety and letter writing.
The lesson here for SELLERS like me is to pay the fee for a title check before you put your place on the market; it’s worth the money. And if you’re BUYING, it’s just as important to be sure you have a knowledgeable representative within a company as well as a company with a long, respected reputation. It’s the biggest purchase you’ll likely make in your lifetime.
*** I wish I could give CU Title Insurance 10 stars. ***
Great experience on the closing of my mortgage loan!
She is currently the President of CU Title Insurance Agency, LLC in Upper Marlboro, Maryland. At the end of 2005 an opportunity to join a title company that was just starting arose and she became the first employee of CU Title Insurance Agency, LLC.
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Read 7 reviews of Redfin clients' experiences with CU Title Insurance Agency, LLC of Bowie, MD's title, escrow, and other services.
President Shelly J. Fears, Esq., CLTP CU Title Insurance Agency, LLC 500 Prince Georges Blvd. Upper Marlboro, MD 20774 (301) 390-4522 sfears@cutitleinsurance.com. Vice President William O'Connell, Esq., CLTP First American Title Insur. Co. 8846 Stanford Blvd. Ste 1400 Columbia, MD...
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Call: 301-390-4522. Consumer Complaints. Customer complaints are reported to the President of the company and are tracked in a database maintained by the owners of the company. Complaints are resolved in a timely manner. For more information contact: Shelly Fears, President. Call: 301-390-4522
Jennifer from CU Title Insurance Agency, LLC Answered this on December 04, 2017 We offer a range of services regarding title services on real estate housing. We work will just about every mortgage lender for properties in MD, DC and VA and can handle purchase, refinances, second mortgages, deed transfers, etc.
View Jennifer Walls's business profile as Manager at CU Title Insurance Agency, LLC and see work history, affiliations and more.
CU Title Insurance Agency, LLC We handle all title aspects of a purchase transaction. We can handle the title work, the closing, recording of documents and issuance of title...