California  |  Real Estate Law

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6/10/09, 12:30 pm

Legal Question


Foreclosure law

I have a lender who has filed a Notic of Default against my property. They sent me a letter saying they got my 1st loan from CW over a year ago but never once sent me a monthly bill. They say now I owe them 53K but when I asked them to prove the hold my note they send me nothing. It's strange cause tax records shows that a ''private lender'' holds my not for 200K & this other company (not private) says I owe them 400K on the first. How can I slow the default/foreclosure & make them prove they actually own my first? I know CA forecloses quickly so I am in a bit of a panic! thank you!


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