Posted by Tim on August 13, 2003 at 07:18:39:
I live in Alabama, & always get a copy of the deed at closing, & the original stamped by the county court house with the recording fees within a few weeks. I have a friend that sells houses on a “contract for deed”, I’m not sure exactly how that works, but think the deed is transferred upon payoff.
You don’t get the deed in Alabama. Sound right? - Posted by Ivan
Posted by Ivan on August 12, 2003 at 13:10:26:
My brother who is trying to purchase an investment property in Alabama was told that in AL deeds are not relinquished to the seller untill the mortgage is paid. That seems very odd to me. Souldn’t they just make themselves a leinholder on the property and give a deed.
What’s up with that. Could my brother have heard incorrectly. He is scheduled to close next week. Anyone have insight as to how things operate in AL?