Acc to the San Diego Tax Collector and ARCC, the delinquent trustors (M/M Jimenez) were not only behind in their taxes for the Dec 2010 installment, they had two TD’s outstanding at the time the property reverted back to bene and Mr. Jimenez had an outstanding child support judgment in LA County and another (unspecified) judgment in favor of SD County (senior to foreclosed TD). Foreclosing bene had both reconveyances filed of the delinquent trust deeds shortly after taking title. At the time of recording the most recent sale (3/25/11), TWO grant deeds were filed in favor of the new buyer (a single woman), one from NFCU and one from a private individual (equity partner or judgment creditor?). The new buyer paid cash.
The reason I believe that there was initially an “equity partner” or “judgment creditor-seller” in the sale here (or a straw-buyer of some sort) and the female purchaser didn’t buy two properties the same day is because the “equity partner” individual has no prior recordings under his name in the SD County ARCC (and therefore had no property interests to convey).
Having NOT seen (elec or paper copies) of any of the above documents, this is only my opinion of what happened here.
Tax records do not show that the condo was owner-occupied at the time of trustee’s sale but the supplemental bill obviously has not yet been mailed to the new owner (who may now be taking the HOEX).
