Well there are many things you can do at this point but the way you put it I would imagine that the property is an NOS property correct?

Crazy uh, all because I had a greedy loan officer that led me on, but you live and you learn.I corrected my investing habits and now I'm wholesaling for a living to build my cash reserve up to start rehabbing.

I'll be popping into the finance sections to see what's going on and if there's anything I can add.From your post I would assume that you are a finance expert correct?

If I have understood my accountant correctly, your holdings are treated the same whether held/sold in an LLC or personally.

Assuming that is correct a foreclosure is a judicial action so there should court records that are mostly public.Speculating...I suspect a deal was done for the note or the auction was called off by the lender.

You just need to know that there are sharks in the water and it takes a lot of money to do the job correctly.

Or,In the event A defaults on the loan the Trustee will (after the proper notices) conduct a Trustee's Sale (that's what foreclosures are called in Trust Deed states.So I'm not sure how you could (using the correct meanings of the words) have a "warranty deed to trustee".I'm not familiar with the term "land trust deed".

I heard that double closing you(the whole saler) have to bring money to the table. correct me if I m wrong.

Mike is correct if you realize what the law says and the costs of not following the law.John Corey

Could be a crack or previous work that wasn't done correctly.