incorrect land discription.

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paulosweg876

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Sir or Madam, for the past 11 yrs since my Wife and I purchased our home their has been an ongoing issue with the property/land discription.when we bought the home approx. 1month after our bank called with this information of incorrect land discription, we had purchased title insurance to fix said issue.our bank advised prior owner of this and her stament was my bank was ripping her off when all they were doing is trying to give back the property we had no interst in that contains her kids waterfront property. we were to only purchase home on 2.5 acres of land. we are paying on a home that isnt even ours ? why are we responsable to pay for something that we will never own? the house is still hers technically. our bank has sent court papers for corrective action and previous owner still did not comply? mind you this is 11 yrs old.In past summer I get a letter from her attorneys office to sign over the correct property or action will be taken.Yes i hired an attorney,since this has began our name has been dragged through the dirt when this is all do to her attorney not having her seperate all her property.instead its all on one land discription,that is in our name.? can we forfiet the sale of this home back to her,to be responsable for repaying bank& we move on signing over her correct property and end this horrific sales deal?. any information would be very greatful::) thank you for your time and concideration on this matter.
 
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