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Updated over 6 years ago,

User Stats

7
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0
Votes
Robert Harris
0
Votes |
7
Posts

Help with owner and encumbrance report

Robert Harris
Posted

I am interested in a foreclosure auction and had a PRELIMINARY TITLE REPORT ran on the property.
However i am having trouble understanding it. I XXXX'd out the names:
Can someone dumb this down for me?
Outside the costs of the auction will i be held responsible for costs?

Here is what is listed on the Mortgage/Leins section:


1. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured

thereby

Dated: November 14, 2005

Amount: $240,000.00

Trustor/Borrower: XXXXX

Beneficiary/Lender: Mortgage Electronic Registration Systems, Inc. solely as nominee for GMAC

MTG, its successors and assigns

Recording Date: November 22, 2005

Instrument No.: 119543, of Official Records.

An assignment of the beneficial interest under said Deed of Trust as follows:

Assigned To: Ocwen Ln Servicing LLC

Recording Date: August 01, 2014

Instrument No.: 40049, of Official Records.

An assignment of the beneficial interest under said Deed of Trust as follows:

Assigned To: Select Portfolio Servicing

Recording Date: March 13, 2017

Instrument No.: 15015, of Official Records.

An assignment of the beneficial interest under said Deed of Trust as follows:

Assigned To: Select Portfolio Servicing

Recording Date: March 16, 2017

Instrument No.: 15998, of Official Records.

2. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured

thereby

Dated: June 26, 2007

Amount: $90,000.00

Trustor/Borrower: XXXXX

Beneficiary/Lender: Mortgage Electronic Registration Systems, Inc. solely as nominee for GMAC

MTG LLC, its successors and assigns

Recording Date: July 31, 2007

Instrument No.: 64922, of Official Records.

An assignment of the beneficial interest under said Deed of Trust as follows:

Assigned To: 21st MTG Corp

Recording Date: August 11, 2017

Instrument No.: 47173, of Official Records.

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