- This topic has 180 replies, 17 voices, and was last updated 14 years ago by jameswenn.
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October 19, 2010 at 2:20 PM #621097October 19, 2010 at 2:33 PM #620035AKParticipant
And here’s the other side of the story … “OFFICIAL STATEMENT FROM CONEJO CAPITAL PARTNERS LLC REGARDING THE PROPERTY LOCATED AT 5893 MUSTANG DRIVE, SIMI VALLEY CA”
“On January 28, 2010 the property was sold thru a public auction at the trustee sale held at the Ventura County Court House. … At the time all we knew about the property was that the former homeowners purchased it in 2001 for $539,000, and that they later refinanced it, pulling equity out, resulting in debt of roughly $1,000,000. No “lis pendens” had been recorded indicating any disagreement or legal action pending regarding the property. Had they done so before the auction, we would not have purchased this property. …
“The most innocent of all victims in this situation are the new buyers who had signed a contract to purchase the Mustang property. They are a family of 4 who are adopting their first child this month. They had already funded their loan, spent money on appraisals, given notice at their current residence and were scheduled to take possession of 5893 Mustang Drive on Tuesday the 12th. They have now cancelled the transaction and are scrambling to find a place to live as they will be homeless at the end of the month. They are scared.”
October 19, 2010 at 2:33 PM #620117AKParticipantAnd here’s the other side of the story … “OFFICIAL STATEMENT FROM CONEJO CAPITAL PARTNERS LLC REGARDING THE PROPERTY LOCATED AT 5893 MUSTANG DRIVE, SIMI VALLEY CA”
“On January 28, 2010 the property was sold thru a public auction at the trustee sale held at the Ventura County Court House. … At the time all we knew about the property was that the former homeowners purchased it in 2001 for $539,000, and that they later refinanced it, pulling equity out, resulting in debt of roughly $1,000,000. No “lis pendens” had been recorded indicating any disagreement or legal action pending regarding the property. Had they done so before the auction, we would not have purchased this property. …
“The most innocent of all victims in this situation are the new buyers who had signed a contract to purchase the Mustang property. They are a family of 4 who are adopting their first child this month. They had already funded their loan, spent money on appraisals, given notice at their current residence and were scheduled to take possession of 5893 Mustang Drive on Tuesday the 12th. They have now cancelled the transaction and are scrambling to find a place to live as they will be homeless at the end of the month. They are scared.”
October 19, 2010 at 2:33 PM #620671AKParticipantAnd here’s the other side of the story … “OFFICIAL STATEMENT FROM CONEJO CAPITAL PARTNERS LLC REGARDING THE PROPERTY LOCATED AT 5893 MUSTANG DRIVE, SIMI VALLEY CA”
“On January 28, 2010 the property was sold thru a public auction at the trustee sale held at the Ventura County Court House. … At the time all we knew about the property was that the former homeowners purchased it in 2001 for $539,000, and that they later refinanced it, pulling equity out, resulting in debt of roughly $1,000,000. No “lis pendens” had been recorded indicating any disagreement or legal action pending regarding the property. Had they done so before the auction, we would not have purchased this property. …
“The most innocent of all victims in this situation are the new buyers who had signed a contract to purchase the Mustang property. They are a family of 4 who are adopting their first child this month. They had already funded their loan, spent money on appraisals, given notice at their current residence and were scheduled to take possession of 5893 Mustang Drive on Tuesday the 12th. They have now cancelled the transaction and are scrambling to find a place to live as they will be homeless at the end of the month. They are scared.”
October 19, 2010 at 2:33 PM #620789AKParticipantAnd here’s the other side of the story … “OFFICIAL STATEMENT FROM CONEJO CAPITAL PARTNERS LLC REGARDING THE PROPERTY LOCATED AT 5893 MUSTANG DRIVE, SIMI VALLEY CA”
“On January 28, 2010 the property was sold thru a public auction at the trustee sale held at the Ventura County Court House. … At the time all we knew about the property was that the former homeowners purchased it in 2001 for $539,000, and that they later refinanced it, pulling equity out, resulting in debt of roughly $1,000,000. No “lis pendens” had been recorded indicating any disagreement or legal action pending regarding the property. Had they done so before the auction, we would not have purchased this property. …
“The most innocent of all victims in this situation are the new buyers who had signed a contract to purchase the Mustang property. They are a family of 4 who are adopting their first child this month. They had already funded their loan, spent money on appraisals, given notice at their current residence and were scheduled to take possession of 5893 Mustang Drive on Tuesday the 12th. They have now cancelled the transaction and are scrambling to find a place to live as they will be homeless at the end of the month. They are scared.”
October 19, 2010 at 2:33 PM #621107AKParticipantAnd here’s the other side of the story … “OFFICIAL STATEMENT FROM CONEJO CAPITAL PARTNERS LLC REGARDING THE PROPERTY LOCATED AT 5893 MUSTANG DRIVE, SIMI VALLEY CA”
“On January 28, 2010 the property was sold thru a public auction at the trustee sale held at the Ventura County Court House. … At the time all we knew about the property was that the former homeowners purchased it in 2001 for $539,000, and that they later refinanced it, pulling equity out, resulting in debt of roughly $1,000,000. No “lis pendens” had been recorded indicating any disagreement or legal action pending regarding the property. Had they done so before the auction, we would not have purchased this property. …
“The most innocent of all victims in this situation are the new buyers who had signed a contract to purchase the Mustang property. They are a family of 4 who are adopting their first child this month. They had already funded their loan, spent money on appraisals, given notice at their current residence and were scheduled to take possession of 5893 Mustang Drive on Tuesday the 12th. They have now cancelled the transaction and are scrambling to find a place to live as they will be homeless at the end of the month. They are scared.”
October 19, 2010 at 3:03 PM #620050CoronitaParticipantWell looks like I won’t be touching REO’s for awhile ……
October 19, 2010 at 3:03 PM #620132CoronitaParticipantWell looks like I won’t be touching REO’s for awhile ……
October 19, 2010 at 3:03 PM #620686CoronitaParticipantWell looks like I won’t be touching REO’s for awhile ……
October 19, 2010 at 3:03 PM #620804CoronitaParticipantWell looks like I won’t be touching REO’s for awhile ……
October 19, 2010 at 3:03 PM #621122CoronitaParticipantWell looks like I won’t be touching REO’s for awhile ……
October 19, 2010 at 3:15 PM #620060faterikcartmanParticipantI’m on the zero sympathy side of this.
Well, okay, I do, generally, feel badly about folks who are stupid and/or foolish — up to the point where they steal from others rather than accept the shame that comes with asking for charity.
October 19, 2010 at 3:15 PM #620142faterikcartmanParticipantI’m on the zero sympathy side of this.
Well, okay, I do, generally, feel badly about folks who are stupid and/or foolish — up to the point where they steal from others rather than accept the shame that comes with asking for charity.
October 19, 2010 at 3:15 PM #620696faterikcartmanParticipantI’m on the zero sympathy side of this.
Well, okay, I do, generally, feel badly about folks who are stupid and/or foolish — up to the point where they steal from others rather than accept the shame that comes with asking for charity.
October 19, 2010 at 3:15 PM #620814faterikcartmanParticipantI’m on the zero sympathy side of this.
Well, okay, I do, generally, feel badly about folks who are stupid and/or foolish — up to the point where they steal from others rather than accept the shame that comes with asking for charity.
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