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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Undoing title riddles... Posted by chrishuff on March 13, 2004 at 4:35 PM In Reply to: Undoing title riddles... posted by Ward-CA- on March 13, 2004 at 2:34 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. Ward Thank you Ward for the reply. I have done about 500 title searches and most are straight forward tho some are convoluted. Since AZ records can be searched from the net, checking every TD,WD, or lien usually yields the answers. I find instances where it seems a person changes a name for deceptive purposes and I believe this is such a case. I am finding Spanish couples with two last names doing deceptive things but the example my question is about did not make sense. I thought in all of your years of experience you would recognize this to give a simple generic answer. Thank you for your advice on getting a title search from the trustee. I do assume the trustee has "all" lined up for the sale but since I cannot unravel it I stay clear. Thanks for your site also. Chris Follow Ups: 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. : Ward : Thank you Ward for the reply. I have done about 500 title searches and most are straight forward tho some are convoluted. Since AZ records can be searched from the net, checking every TD,WD, or lien usually yields the answers. I find instances where it seems a person changes a name for deceptive purposes and I believe this is such a case. I am finding Spanish couples with two last names doing deceptive things but the example my question is about did not make sense. I thought in all of your years of experience you would recognize this to give a simple generic answer. Thank you for your advice on getting a title search from the trustee. I do assume the trustee has "all" lined up for the sale but since I cannot unravel it I stay clear. Thanks for your site also. Chris 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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