Lenders across the nation have made such a mess of more than 65 million loans that homeowners are winning their homes free and clear. People are hearing more and more about this. It is often referred to as a Quiet Title Action.
There are many homeowners today who have become so financially depleted that they can not afford a high priced attorney to sue their lender. As a result, they have attempted to litigate against the bank or fight their own foreclosure completely on their own.
This is a growing problem that very often has a sad outcome: in most cases, these homeowners don’t know how to successfully win their homes free and clear — let alone get a judge to rule favorably in stopping a foreclosure. They go to court with the wrong information, and present a case that they don’t realize will force a judge to rule in favor of the bank!
Tila has worked to provide both the audits and referrals to affordable legal professionals who can help them pursue successful litigation in whatever form they need. The most sought after by homeowners of course is the quiet title action.
Tila Solutions can help solve those problems.
With the combined forces of Tila Solutions forensic loan audits and/or securitization audits and legal professionals, it is now far more possible to have your day and court, possibly winning your home free and clear. Tila’s job is to provide the evidence. If you don’t have a legal professional we will refer you to one.
Why is Quiet Title the Sought After Solution? First because homeowners have attempted for so long to get a loan modification that the lenders simply would not give and now are attempting to take the home. Far too often homeowners have worked in good faith, doing all that the bank said, only to be told they were going to lose their home to foreclosure. Homeowners want help and a fair chance to rectify a bad situation. That’s what the legal system is for. And quiet title becomes the obvious solution now that the banks have been exposed for attempting to fraudulently foreclose on homes they don’t even legally own. For this reason homeowners are most interested in pursuing the best possible recourse available to them. Quiet Title.
The concept behind quiet title is that many people own your loan and in the process of all the buying and selling that has gone on behind the scenes it is no longer clear who the real owner of your loan is — or if there is only one owner. Thus your title has become clouded. You need to get a clouded title “quieted”. Often this action can result in the court removing all past clouds (which can include the current loan), and you have become the rightful and sole owner of the property.
Note: Tila does not provide anything other than the audits and when needed, they can refer to appropriate legal professionals. Homeowners should should keep in mind that quiet title actions are still a pioneer area and there are not many wins yet in the courts. Homeowners need to remember that if they are choosing to pursue a quiet title action based upon the findings of their audits that they may also find there are other positive outcomes from this action, such as lenders may finally come forward with a valid loan modification offer, or they may offer some type of settlement, foreclosures can be vacated or stopped, etc. The quiet title action may have many possible outcomes, and it is never known how each person’s case will proceed with their legal professionals or pro se litigation.
