IF YOU HAVE TO PAY RUN AWAY!
Delroy Gill a CDPE (certified Distressed Property Expert) agent and the government are both on the same page when we say if you are being charged by an agent a loan officer, loss mitigation negotiator, or your mortgage company? You are being scammed, this is not the right way for a short sale or a loan modification to be done.
If you are being charged it is very important that you contact Delroy Gill right away!
Beware Of Fraudulent Foreclosure Notices
Many of these Notices of Default are not real, they are fraudulent and they are just another way to steal houses. Then the fraudster “sells” the stolen house under a fraudulent Trustee’s Deed. Beware Of These Fraudulent Foreclosure Notices Being Filed as they are from Real Estate Fraud Scammers/Fraudsters. Many of these Notices of Defaults now being filed are just more Real Estate Fraud. Many of these Notices of Default are not real, they are fraudulent and they are just another way to steal houses. Then the fraudster “sells” the stolen house under a fraudulent Trustee’s Deed. By the time the homeowner and real and lawful lender finds out, it’s a huge legal nightmare, and the fraudsters are off with a lot of illegally obtained cash in their rotten pockets.
DEED’s must be looked at closely
Too many title companies and sheriff’s offices are just accepting at face value these Notices of Default without actually verifying them against the actual Deed of Trust as to who really has the lawful authority to foreclose.
If you get one of those dreaded Notice of Default’s filed against your home, check out the facts first. Like is the one that filed that Notice of Default the one with the lawful authority to do so? Guess what? The vast majority of the time, they don’t! They claim to have the authority, but don’t believe it.Make them prove it to you.
If it’s not the party written in your Deed of Trust, a legal trail must be established as to how the alleged party now foreclosing is lawfully involved and has the lawful authority to do so. That included if your loan has been sold one or more times from who you originally did the loan with. There has to be provided to you the trail of legal transfers.
DON’T walk away!
So that’s for the lender. You’re the Trustor so it’s the same for the Trustee and the Beneficiary. If the ones claiming to now be the Trustee and the Beneficiary are not the ones written in your Deed of Trust, these now alleged Trustee and the Beneficiary all have to legally prove how they now have lawful authority to foreclose.
Read your Deed of Trust to find out who the parties are that have legal authority to foreclose. It will be in your closing documents you got from escrow. If you can’t find your Deed of Trust, don’t worry. It’s filed at the country recorder’s office. You can either get a copy from there, or from any local title/escrow company.
Your Note will also be in your escrow docs you got when you bought the house. NEVER give a copy your Note to the ones doing the foreclosure. Odds are they don’t have the original let along a copy. Without the original Note, which the one doing the foreclosing has to produce, they can’t lawfully foreclose. The law requires the one doing the foreclosing has to produce the original note. Make them prove to you they have the original Note.