Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago,

User Stats

1
Posts
0
Votes
Freedom Hartley
  • Mesa, CO
0
Votes |
1
Posts

zombie deed help

Freedom Hartley
  • Mesa, CO
Posted

I found a house that has clearly been abandoned. I did my research and I found the last owner through the county assessor. The deed states that "Jarrod" and his now ex-wife "Julie" are the owners. When I contacted Julie she said "I gave that house back to the bank years ago, after my bankruptcy was discharged". I went to the county recorder and got the paperwork on the property, which happens to be in an extremely rural area and it shows that foreclosure was started, and then in Feb 2014 a Withdrawal of notice of foreclosure was sent to public trustee, and accepted by the public trustee in April 2014.

Obviously the owners had no idea that the foreclosure stopped. Julie actually had someone interested in buying the house about a year ago and contacted the company that has the loan(ocwen), to see how these people could buy it, and they refused to speak with her about it. So now I have several questions because I want to live in this house!

1. Can Jarrod and/or Julie rent this house out to someone?

2. Can Jarrod and/or Julie sell this house?

3. If they can do either of these things what are the steps they need to take to do it?

4. Since ocwen refuses too talk to them, is there anything I can do to take ownership of this home?

5. If they can/do rent this house out, what can be expected in the future from the finance company? Can the finance company start foreclosure proceedings again in the future?

6. From what I'm reading online, Jarrod(if he filed BK too) and Julie, may just own this house free and clear now because of the BK and foreclosure withdrawal. Is this correct or am I confused?

Loading replies...