Signed a warranty Deed in Lieu of Foreclosure in Sept.

[craigsm636]

West gate sent me the paper work for a warranty Deed in Lieu of Foreclosure. I signed it and sent it back. My question is. Will I receive notice of this being complete. From WestGate or The state of Florida

 

[bogey21]

West gate sent me the paper work for a warranty Deed in Lieu of Foreclosure. I signed it and sent it back. My question is. Will I receive notice of this being complete. From WestGate or The state of Florida

You should receive a copy of the Recorded Deed from Westgate. In addition if you have online access to your account, check it about once a week. Your Week should disappear.

George

 

[LannyPC]

Did Westgate or the resort charge you for this warranty deed? And, if so, how much?

 

[bankr63]

It should also be recorded at the county registrar within a reasonable time. I checked both of my purchases (Orange and Osceola counties) online about a month after closing to ensure that the transfer had been properly registered.

 

[theo]

Westgate sent me the paper work for a warranty Deed in Lieu of Foreclosure. I signed it and sent it back. My question is. Will I receive notice of this being complete. From WestGate or The state of Florida

Others have recently reported having to pay Westgate approximately $900 in order to have their "deedback" accepted and processed.
Your post mentions only "paper work", with no mention of having to pay Westgate any such fees.

In any case, a new deed will have to be prepared for your notarized signature, making you a former owner (grantor) rather than the current owner (grantee). Until that happens, you remain the owner of record, so follow up on this periodically to ensure that the deedback is completed, from start to finish.

P.S. Westgate might never even bother to send you a copy of a new recorded deed, so you should probably check County records periodically for yourself ("state" of Florida is not involved, per se --- deed recording occurs at the FL County level).

 

[taterhed]

And remember, there could be credit and/or tax implications associated with this. Recommend you monitor your credit history tax documents closely.