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Non-Judicial Foreclosure: Who Is The Trustee?

  Broadcast in Legal

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Hello folks and thank you for joining me once again at the ADR-NOW! Internet Radio Webinar.  I am your host, Anthony Johnson. 

In this episode, we will discuss the importance of knowing who your Trustee is if you live in a NON-JUDICIAL FORECLOSURE STATE.  Remember, in a non-judicial foreclosure state, there is no court process.  You may not even receive a NOTICE OF DEFAULT if the Trustee would move to initiate foreclosure proceedings due to nonpayment of your mortgage.  The only thing that is required is for the Trustee to file notice with the county recorder's office of the intent to initiate foreclosure proceedings and that is considered "constructive notice."

The question then becomes: Is the person who filed the Notice of Default with the county recorder's office the true Trustee?  Is the Trustee the ORIGINAL TRUSTEE?  DULY APPOINTED SUBSTITUTED TRUSTEE?  Or acting as AGENT for the TRUSTEE or beneficiary under the original Deed of Trust?

For answers to these questions tune in to the webinar and/or give us a call at A. Johnson & Associates, LLC, 888-502-0586, or visit our website at www.adr-now.com.

DISCLAIMER: We are not attorneys.  We are not engaged in rendering legal advice.  We are Alternative Dispute Resolution Practitioners.  If legal advice is required, the assistance of a competent, qualified legal professional should be obtained.

Tags:
Notice of Default
Non-Judicial Foreclosure
Trustee
Trustee Sale
Foreclosure
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