A year ago I purchased a first deed of trust (private loan)?and got a trustee’s deed issued on a house in downtown Sacramento.? The foreclosing trustee confirmed that that was a first lien. I spent a year?remodeling the house.
There was a $250k second Wells Fargo trustees dead that was supposed to be wiped out.??Now Wells Fargo filed a notice of default and i have bunch of people running around my house waiting?for it to go for sale. In the Foreclosure radar Wells Fargo claims to be the first deed. CAL WESTERN RECONVEYANCE recomended that I file a dispute, which I did. Now it has been over a month, and they still “reviewing” it.
My question is?- what is Wells Fargo trying to do? To sell this loan to?a third party and let us figure out through the lawsuits who?is the owner? Am I missing something?