Margaret Rome's Blog


House Is Paid Off...Prove It


Congratulations your house is paid off!!



Paid In Full

...but we need proof!!


How do you prove your deed is paid off?

My client's dad bought his home in 2002 and recently paid off the Mortgage.  

For seventeen years, he had made a payment every month and always on time!

 That deserves congratulations and a well done!


He has received several zero balance statements.  He wants his deed of satisfaction.

After many frustrating calls to various people at the bank,  he was told to pay $55 which was done right away but he still has no satisfaction.


After 17 years, a lot of payments and a lot of interest, would it be so hard for the bank or mortgage company to make it easy for this proud homeowner to receive his deed of satisfaction?

 They should celebrate with a toast and the correct paperwork!


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Margaret Rome

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Always a good idea Margaret Rome, Baltimore Maryland  have had too many problems 

Posted by Hannah Williams, Expertise NE Philadelphia & Bucks 215-820-3376 (HomeStarr Realty) almost 2 years ago

My guess would be that the loan was sold several times over its life and the current lien-holder is reluctant to give the proper and fully earned mortgage satisfaction. No $55 fee, I believe they're obligated to record it as a mattter of course but now you've made me question the legality here. Filed under questionable tactics Margaret.    

Posted by Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty) almost 2 years ago

That doesn't sound right. When we paid the mortgage off, we received a letter almost immediately and instructions that we needed to file it with the municipality. Something fishy (or sloppy) is going on at that bank.

Posted by Kat Palmiotti, The House Kat (406-270-3667,, Broker, Blackstone Realty Group - brokered by eXp Realty) almost 2 years ago

Good morning, Margaret Rome, Baltimore Maryland they certainly should have the right paperwork... and the only agent they should be dealing with is Margaret Rome....but I think they already realize that....

Posted by Barbara Todaro, Previously Affiliated with The Todaro Team (RE/MAX Executive Realty - Retired ) almost 2 years ago

This post reminds me of a home I bought back in 1969.  I had assumed an existing loan, and the seller carried back a small second.  The second was paid off within a couple years, but we failed to get a Deed of Reconveyance.  I simply didn't know to do that before I became a real estate agent.  A few years passed, and I wanted to refinance to put in a swimming pool.  Guess what. . .I had a hard time locating that ole seller to get that reconveyance, but finally managed to.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) almost 2 years ago

That piece of paper is tucked carefully in a file in our safe. I am sorry to hear about this lack of satisfaction regarding such an important document. And, I'm with you, send the document with champagne and a big thank you for making payments on time and paying, likely, a lot of interest in 17 years. 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) almost 2 years ago

As I've often said, Margaret, "ain't nothin' easy in this life."  I'm sorry to hear this, but I'm not very surprised.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Realty) almost 2 years ago


Thanks for all the comments. I will be referring to this on the radio show today. Maybe someone will call in and give an easy explanation of how this process can be simplified.

Posted by Margaret Rome Baltimore 410-530-2400, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) almost 2 years ago

There's nothing like the feeling of owning your home Free and Clear.  It's an important part of retirement planning as far as I'm concerned.  Hope the show goes well today, Margaret!

Posted by Carol Williams, Retired Agent / Broker / Property Manager (Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.) almost 2 years ago

Hello Margaret- - -I imagine this will be a "hot topic" on your radio show. Whi would think this would not be a simple procedure? 

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 almost 2 years ago

Well this doesn't sound right at all Margaret Rome, Baltimore Maryland . I sure hope he gets this issue resolved soon as he so deserves it to be done!

Posted by Anna Banana Kruchten CRS CRB, Phoenix Broker, 602-380-4886 (HomeSmart Real Estate BR030809000) almost 2 years ago