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Updated over 10 years ago on . Most recent reply

User Stats

31
Posts
5
Votes
Michael Mies
  • Investor
  • Waxhaw, NC
5
Votes |
31
Posts

Looking for some advice to acquire an abandoned home I found

Michael Mies
  • Investor
  • Waxhaw, NC
Posted

I was driving for dollars and found a boarded-up house in a very desirable neighborhood in Charlotte NC. In researching the property I learned that the city had declared the property as deteriorated and issued an order to repair the property by August 20, 2014. The notice identified the interested parties as the property owners, Resmae Mortgage Corporation and GE Money bank.

I also found a “Corporate assignment of Deed of Trust” recorded in March (2014) noting assignor as “MERS” (nominee for Resmae) and assignee as U.S. Bank National Association (as trustee on behalf of the holders of the home equity asset trust 2007-2 home equity pass-through certificates…). The Deed appears to be executed by the owners and notes the original deed amount that was established in 2006 when the property was purchased. Property taxes have NOT been paid for the past two years.

I tracked down the owners, who now live in Savannah GA at a property they purchased in June of 2013. It appears that they rented the Charlotte house out for the past year (I found an individual that used the property address and is now serving time in jail). They have not responded to my attempts to contact them via mail. Any suggestions?

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