1.11.2024 – Property has sold and proceeds distributed to investors. Click here for the final investor update communication.

11.16.2023 – Click here to view the listing for the property.

11.13.2023 – The property continues to be internally marketed for sale and is being prepared to list on the MLS by the end of the month.

8.29.2023 – Property successfully taken back through foreclosure at the Trustee Sale on August 15, 2023. Click here for a copy of the Trustee’s Deed of Sale recording.  The property is currently being marketed for sale.

7.20.2023 – Foreclosure date scheduled for August 10, 2023. No additional updates at this time.

6.8.2023 – Foreclosure date still anticipated to be July 25, 2023.  No additional updates to report.

5.9.2023 – Foreclosure date still anticipated to be July 25, 2023.  No additional updates to report.

04.07.2023 – Click here to view the Notice of Default filing recorded for this property.  The Trustee Sale (foreclosure) date is anticipated to be July 25, 2023.  If there are any updates between now and the foreclosure date, they will be posted here.

2.15.2023 – Borrower made the interest payment for December which was due January 1, 2023.  The associated late fees will be added to the final payoff amount.  The Notice of Default filing is in progress.

1.10.2023 – Borrower made the interest payment due for November which was processed out to investors.

12.21.2022 – Investor majority approved foreclosure ballot proposal dated December 15, 2022.  Click here for the proposal and ballot communication sent to investors 12/15/22.

Original Loan Details

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