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Updated almost 6 years ago,

User Stats

16
Posts
6
Votes
Lee Berkwits
Pro Member
  • Memphis, TN
6
Votes |
16
Posts

REO SFR Auction - Lien on Title Search

Lee Berkwits
Pro Member
  • Memphis, TN
Posted

I am performing due diligence on an REO that is scheduled for a Trustee Auction in Tennessee. I am trying to reconstruct the sequence of events as it appears this was put up for sale (or auction) 3 times, and foreclosed 3 times (3 foreclosures listed on Title Search).

I am wondering if anyone has any experience with foreclosures being reversed, or thoughts on what transpired.

( I understand that I likely will need to get to the courthouse ( prior to auction) to pull the Judgement - as I cannot locate them by their document numbers on PACER.GOV.  )

Thanks in advance.  Lee

Zillow documents the following listings:

  1. 2/5/2019 Listed For Sale ( Auction date 2/26/2019)
  2. 7/17/2018 Listed for sale, 7/31/2018 Listing Removed
  3. 9/7/2016 Listed for sale, 9/27/2016 Listing Removed

Three Foreclosures Listed:  

  1. Recording Date 1/25/2019  - Notice of Sale, Trustee name is listed, Lender "No Lender on Document", Borrower "Owner of Record"
  2. Recording Date 6/20/2018 - Notice of Sale, Trustee name is listed, Lender "No Lender on Document", Borrower "Owner of Record"
  3. Recording Date 10/13/2017 - Notice of Sale Trustee name is listed, Lender "No Lender on Document", Borrower "Owner of Record"

Throughout these three foreclosures, the Trustee Name is the same 3rd party (not original owner of home).

Following this are 3 Personal Liens:

  1. Judgement: Recording Date 3/15/2018 - $1398, Judgement entered 10/30/2017,                                                                               Defendant is original owner of the property, Creditor is BANK , Plaintiff FUNDING COMPANY #2
  2. Judgement: Recording Date 3/24/2017 - $2926, Judgement entered 11/22/2016,                                                                                               Defendant is original owner of property, Creditor is not listed, Plaintiff FUNDING COMPANY #1
  3. Judgement: Recording Date 2/25/2016 - $4460, Judgement entered 7/21/2015,                                                                                              Defendant is original owner of property, Creditor is not listed, Plaintiff FUNDING COMPANY #1
  4. Judgement Amendment/Release:  Recording date 4/4/2016, Original Recording Date 1/1/2016                                                                         Defendant is original owner of property, Creditor is not listed, Plaintiff FUNDING COMPANY #1
  • Lee Berkwits
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