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Updated about 16 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
Howard Walter
1
Votes |
17
Posts

Foreclosures ALL READ PLS

Howard Walter
Posted

Hello members I am an old foreclosure
expert been doing these for over 30 yrs

I have a very interesting issue to raise
to all here getting foreclosed on as
well as buying them

Ok since alot of these banks have
sold or transferred their debt there
maybe an issue with legal status
of the bank

Some of these loans have been
packaged and sold off many times

So there maybe a real issue if
the current holder of the note
has legal status

I currently know smart homeowners
getting foreclosed on are barring
the process for lack of legal standing
on the part of the Trustee attempting
foreclosure

When the notice is published the owners
are sending legal notice to the trustee
to prove legal standing or right to
foreclose

Has anyone here heard or know exactly
who the owners are doing this

There must be very specific wording
that is being used....I quess I could
just go down to my county and pull
one up but maybe someone here
knows

SKI

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