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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Undoing title riddles... Posted by Ward-CA- on March 13, 2004 at 2:34 PM In Reply to: Weird Trustee Sale Question posted by chrishuff on March 11, 2004 at 5:56 PM : The following is a trustee sale for Fri. 3/12/4 in the Phoenix area. It stumps me as to what is happening. I am finding several of these a week in the T.D. sales and they cloud the title so I stay away. The #1 below Darin Vanbeck lives in the house and pays the prop. taxes although it shows he bought the hse. 1/30/04 with a $85,900 TD with BNC Mortgage INC. The TD sale is on an owner three sales away. : The trustor shown below is Hooker, Lila L. . Shown : below #4 , she bought the house 8/31/95 with a recorded deed of $49,000. : Then in 7/2002 #3 (below} Thoroughbred buys the house. : Then in 8/2002 #2 {below} buys with no new mortgage. : Then in 1/30/2004 # 1 {below} DARIN buys the house for $85900 but a trustee sale is taking place on : 3/12/04 on the Trustor - HOOKER {just below) on the T.D. #4 {below} of : $49,000 dated 8/31/95. What happened here? Was the Hooker TD not paid off. She is seller financing? or maybe hiding ownership thru these various sales? : INST#: 031685435 Status: PD Recd Dt: 12/12/03 : Trustor: HOOKER, LILA L Rec Dt: 8/25/95 TS Sale Dt: 3/12/04 : Current: HOOKER, LILA L TD Amt: 46421.00 Sale Tm: 14:00 Buyer: : Bnfcry: MIDFIRST BANK TD Num: 950529996 Sale Loc: CH Sale : Price: 0 : Trustee: QUALITY LOAN SERVICE CORP : VANBECK DARIN J : 2645 E ORANGE ST : TEMPE, AZ 85281-5013 : MARICOPA COUNTY : VANBECK DARIN J : 2645 E ORANGE ST : TEMPE, AZ 85281-5013 : Transaction History : To Deed RecDte Price Down LoanAmt Financing Mortgage Co. Fee# : 1. DARIN J VANBECK WD 01/30/2004 $85900 $500 $85900 FM BNC MORTGAGE INC : 99960 : 2. PLATINUM PROPERTIES LLC WD 07/08/2002 $0 $0 $0 NO NEW MORTGAGE : 694263 : 3. THOROUGHBRED INVESTMENTS WD 03/19/2002 $51880 $10000 $10800 CN HOMESTAR : INC 280187 : 4. LILA L HOOKER WD 08/31/1995 $49000 $1050 $0 950529995 ====== Chris, It takes us a good chunk of three days to turn an amateur into a competent title searcher. We're good, but not so good we can do it long distance via a website chat board. The one consolation I can give you is that AZ has a law that requires the foreclosing trustee to sell you their title record research for $40. Until you get personally skilled in the art of title searching that might be useful. Follow Ups: Re: Undoing title riddles... chrishuff 4:35 PM, 03/13/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : The following is a trustee sale for Fri. 3/12/4 in the Phoenix area. It stumps me as to what is happening. I am finding several of these a week in the T.D. sales and they cloud the title so I stay away. The #1 below Darin Vanbeck lives in the house and pays the prop. taxes although it shows he bought the hse. 1/30/04 with a $85,900 TD with BNC Mortgage INC. The TD sale is on an owner three sales away. : : The trustor shown below is Hooker, Lila L. . Shown : : below #4 , she bought the house 8/31/95 with a recorded deed of $49,000. : : Then in 7/2002 #3 (below} Thoroughbred buys the house. : : Then in 8/2002 #2 {below} buys with no new mortgage. : : Then in 1/30/2004 # 1 {below} DARIN buys the house for $85900 but a trustee sale is taking place on : : 3/12/04 on the Trustor - HOOKER {just below) on the T.D. #4 {below} of : : $49,000 dated 8/31/95. What happened here? Was the Hooker TD not paid off. She is seller financing? or maybe hiding ownership thru these various sales? : : INST#: 031685435 Status: PD Recd Dt: 12/12/03 : : Trustor: HOOKER, LILA L Rec Dt: 8/25/95 TS Sale Dt: 3/12/04 : : Current: HOOKER, LILA L TD Amt: 46421.00 Sale Tm: 14:00 Buyer: : : Bnfcry: MIDFIRST BANK TD Num: 950529996 Sale Loc: CH Sale : : Price: 0 : : Trustee: QUALITY LOAN SERVICE CORP : : VANBECK DARIN J : : 2645 E ORANGE ST : : TEMPE, AZ 85281-5013 : : MARICOPA COUNTY : : VANBECK DARIN J : : 2645 E ORANGE ST : : TEMPE, AZ 85281-5013 : : Transaction History : : To Deed RecDte Price Down LoanAmt Financing Mortgage Co. Fee# : : 1. DARIN J VANBECK WD 01/30/2004 $85900 $500 $85900 FM BNC MORTGAGE INC : : 99960 : : 2. PLATINUM PROPERTIES LLC WD 07/08/2002 $0 $0 $0 NO NEW MORTGAGE : : 694263 : : 3. THOROUGHBRED INVESTMENTS WD 03/19/2002 $51880 $10000 $10800 CN HOMESTAR : : INC 280187 : : 4. LILA L HOOKER WD 08/31/1995 $49000 $1050 $0 950529995 : : ====== : Chris, : It takes us a good chunk of three days to turn an amateur into a competent title searcher. We're good, but not so good we can do it long distance via a website chat board. : The one consolation I can give you is that AZ has a law that requires the foreclosing trustee to sell you their title record research for $40. Until you get personally skilled in the art of title searching that might be useful. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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