top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

whats this???????

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    whats this???????

    just going oversome preliminary reports from title co on a house i am trying to buy..found this..i will call title co tomorrow but does anyone know what this means exactly????

    any claim or allegation that thetrustees deed from first american loanstar trustee services to bank of america as successor by merger to lasalle bank national association,as trusteeunder the trust agreement forthe structured asset investment loan trust series 2004 bnc2 dted may 292009 recorded june 2 2009 instrument no 2009-xxxxxof official records, was a fraudulent transfer in bankruptcy proceedings filed by or on behalf of xxxxxx xxxxxx wihin one year from the date of may 29,2009....

    this house was foreclosed on from the xxxx xxxx person b of a got it back and has sold it another person who is in turn selling it to me....the xxxx.xxxx person had 7 houses foreclosed and has irs liens and is in all kinds of financial trouble... i am thinking they tried to hide this in bk proceedings

    #2
    That is what it sounds like, but it also seems the matter has been (probably) resolved.

    If you have the names of the person(s) involved, I imagine you can plug it into Pacer and find out what happened. Or just ask the title company.

    Never heard of this before, but I am not in the title business, either. You definitely want to make sure the title is not compromised in any way.
    11-20-09-- Filed Chapter 7
    12-23-09-- 341 Meeting-Early Christmas Gift?
    3-9-10--Discharged

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X