I am posting this in hope any the superstars can help me close this short sale. There are two loans on the property. The first lien is serviced through OCWEN which I have been in contact with and initiated the short sale.
The issue lies with the second. I cannot find any contact info or physical address for the beneficairies on the deed of trust. I have asked the seller but he as well has no idea that the deed was even recorded. It is a small loan about 34K but I cannot move forward with the short unless the second signs off. Below is the information from the pre-liminary title report.
5. A deed of trust to secure an original indebtedness of $31,950.00 recorded August 24,
2010 as INSTRUMENT NO. 10-344917 OF OFFICIAL RECORDS.
Dated: January 18, 2010
Trustor: ALFREDO M. MORFIN
Trustee: FIDELITY NATIONAL TITLE, A CALIFORNIA CORPORATION
Beneficiary: GRAND SLAM VENTURES EXCEL GROUP, FIRST SOLUTION,
INOVEST POINTE, CAL TEAM SERVICES, BRITE MIND
SERVICES, BEST CO INVESTMENTS, NEXUS POINTE, EXLON
ENTERPRISE, TOP TEAM SERVICES, TEAM OAK, CAL TEAM
SERVICES, OPTION FINANCIAL, ROYAL SERVICES
I cannot find any contact information on any of these DBAs to negotiate a short payoff and OCWEN will not move forward with out a payoff balance. Any help would be greatly appreciated.
Thank you for the feedback. I Pulled the second deed of trust and the address on the deed is a virtual office not an actual business. There is no other notes or other names listed that were not on the prelim on the deed other than standard notes. I am seriously stumped and have a foreclosure date pending.
Any luck with this deal I have the same problem with a Deed of Trust and Assignments of Rents, fro 30,970 and this company is nowhere to be found. Grand Slam Ventures, Excel Group, First Solution, Inovest Pointe Enterprise, Top Team Services, Team Oak Best Co Investments, Nexus Pointe, Exlon Enterprise, Top Team Service, and the list goes on.
I am going to have short sale approval soon. I would appreciate any feedback.
Quiet title action?