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Updated almost 10 years ago on . Most recent reply
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Note that secured money I loaned
I need a Genius! Ok... I went through a divorce after a 25 year marriage of never ending money to the land of "no money, zero zilch". I sold my condo at the beach & came out with $300,000.00, that would be my "nesting egg" so to speak, so.... A friend of mine said "you need to put that money to work & live on the interest earned at 10% so this person that narrowed my money secured it with a note that had 40 acres of new almonds. Me being a women with a death sentence with cancer & expected to to die, (but that was 7 years ago and I am healthy and alive today cancer free & I'm here to stay!!) He had planed on me dying & sold the property! He has taken every penny I had & is an expert in buying, selling, trading, deeds, grants, & he knew I was a weak unexperienced woman & premeditated to steal my money, I was never told that I had to have the note recorded I thought that was his job I just signed the paper & he said ok done! He continued making his interest only payments then after exactly one year making payments (because he thought I was going to die) he sold the property!! There is so much more to the story too much to write I need help I need an expert I needed attorney this man needs to be in jail and put to a stop! There's soooooo much more to this story. Please help! ASAP!
Darla Nunes
(559) 2881793
Fresno, ca
Most Popular Reply
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The simple answer to a complicated question is sue him with the paperwork that you have. It will record a judgement on his public records. It will keep him from being able to mortgage and potentially insure any deeds on property title insurance. Get the advise of an attorney on how to collect on it. Though you didn't record the note to secure the property with a mortgage, you can still make it difficult for him to operate and potentially raise more money when new investors check him out and see his history.
Don't take it lying down (so to speak). hopefully more people will chime in.