Posted by OCSupertones on September 13, 2003 at 17:39:57:
Anyone?
So I went to the county recorders office today… - Posted by OCSupertones
Posted by OCSupertones on September 12, 2003 at 15:34:16:
I bought the last month’s worth of default notices ($1.50) and then looked them up at their computer…I only picked about 8 because they gave me about 40.
They all look the same, and i need help deciphering them.
Anyone with experience?
I found one guy that i know personally, and I printed his “Notice of Default and Election to Sell under deed of trust”
This is what the page says, paraphrased:
Quote:
This amount is $5477.21 as of 8/22/2003 and will increase until your account becomes current.
To find out the amount you must pay…to arrange to pay to stop the foreclosure, contact (company name)
Including 1 note for the sum of $40,000
That is about all the important info…No address…it does have the name listed though. How do i proceed next? Fortunately the guy was listed on the internet, so i found the house.
What is my next step?
Is the $5477 the amount past due? and the $40,000 the original loan amount?
Thanks