Part of your closing documents include the deed. Look at the paperwork you signed. Then call the relo company and ask them your questions. As knowledgeable as we may be, we don't know what the details are in your case.
In most cases the RELO company is going to take responsibility for the property's maintenance, care, taxes, etc. and manage it until it can be sold. The RELO company should be able to answer your questions to your satisfaction.
Good luck, and Merry Christmas!
This is completely normal and should be no cause for concern. I don't mean to dismiss your concerns as invalid but rather to convey that this is so normal that I wouldn't even give it a second thought. As the others have explained counties takes months to record their records and push that information through to the public websites.
Call the title company that handled the closing and tell them about your concern. You should have been giving a deed transferring the home to the relo company at closing. That ends your interest and any liability in the property. Counties records can run up to six months behind so they might just not be fully updated yet.
Michael Doyle Realtor
You need to contact an attorney immediately to help you to look over the terms your purchase agreement. You should not have transferred your title without some form of representation (a realtor, attorney, and/or title agent), because you might still be liable for anything that happens with the property.
I don't know that this sale could even be considered finalized since the contract didn't have a closing date on it. Again, this is why you'll need to consult with an attorney ASAP.
Based on your recommendations, I knew what to look for in papers, began calling the county recorder to double check if any thing had been filed, etc. and went from there. Next I called Corporate Relocation Services out of Green Bay, WI & it is verified that in the paperwork it does not state the deed would be left open, but it is their intent to leave it in our name until it sells. There is a possibility we could have it changed.
What would you recommend? Are there potential issues with the property in our name?