AZ AZ - Allison Feldman, 31, Scottsdale, 18 Feb 2015 #1

[AzPistonsGirl]

nod nod nod... gulp...

 

[MissD]

The beneficiary is Green Tree Servicing LLC.

I meant her personal beneficiary. On her insurance. I have always had insurance on my mortgages that paid them off in the event of my death.

 

[AzPistonsGirl]

mortgage insurance beneficiary would be your lender, no? I don't have it, never had it, think it is silly and only benefits the banks, IMO.

 

[SophieRose]

Foreclosure/resale
http://www.trulia.com/foreclosure/3191280441--E-Indian-School-Rd-240-Scottsdale-AZ-85251

Bought in 2007 for just under $242k

 

[enzeder]

wow, I am suddenly sick to my stomach. Something is very odd IMO.

Uh huh - very odd indeed imo :silenced:

 

[AzPistonsGirl]

so she foreclosed on her old condo, but bought this new home for some big bucks IMO.

 

[cluciano63]

Ot...hate Greentree lol. Worst mortgage company we ever dealt with. Jmo

 

[AzPistonsGirl]

if we dug this info up so quick and easy, LE has to be on this and there is either more to it or its all a coincidence. Back to waiting, drumming fingers....

Also, "high profile"... when I first heard it, I thought, hmmm, Spring Training... lots of new people showing up in Scottsdale/Phoenix these days...

 

[Bernina]

so she foreclosed on her old condo, but bought this new home for some big bucks IMO.

But there's no Foreclosure Notice............NADA.
There's a difference of apprx. $100K from the condo to the house, really didn't pay a lot of attention to it. But if a lender is foreclosing, they have to serve notice and file with the Recorder's Office. There's a 30/60/90 day period (depending on the terms and what state you're in) that any back owed payments can reverse the foreclosure. (not doing well with the proper terms, brain fart)
There's no notice of back taxes, foreclosure, or sign off by AF.

According to her obit, she died February 17 (Tuesday), so maybe this IS how fast mortgage companies work......

 

[cluciano63]

I am pretty sure high profile just means lots of pressure to solve...jmo. More than a gang shooting, for example. Not saying this is right, but we all know it is true.

 

[SophieRose]

But there's no Foreclosure Notice............NADA.
There's a difference of apprx. $100K from the condo to the house, really didn't pay a lot of attention to it. But if a lender is foreclosing, they have to serve notice and file with the Recorder's Office. There's a 30/60/90 day period (depending on the terms and what state you're in) that any back owed payments can reverse the foreclosure. (not doing well with the proper terms, brain fart)
There's no notice of back taxes, foreclosure, or sign off by AF.

According to her obit, she died February 17 (Tuesday), so maybe this IS how fast mortgage companies work......

Realty Trac has the property going to auction on 5/26/15 with est bid of $231,600. Says under foreclosure document info, entered date 2/5/15.

Maybe it's for a different unit, but all details match unit 240, including sales date and price.

 

[Pacific2011]

Since I am not fluent in either legalese or "real estate-ese," I would truly appreciate someone translating these banking activities into financial data that I can(hopefully) understand!

How can a person whom the bank has foreclosed out of a loan on a condo still have enough assets (i.e., money and good credit rating) to qualify to buy a house?

Also, aren't these complicated activities unusual for a 31-year-old? Was Allison perhaps being manipulated by an older, more sophisticated, perhaps "high profile" advisor?

TIA.

 

[SweetT]

A foreclosure would put a damper on a new load I would think. Unless you got a new loan before the other foreclosed..but why ruin your credit like that if you can afford a home that costs 100K more..why let the condo foreclose? Just sell it first? IDK

 

[SophieRose]

She bought the house last year so foreclosure (if it were hers) would not be on her record. It's not the first time I've seen that. What I don't understand is the condo was bought at $242k, estimated bid is $231k, so it's not much underwater, why not rent or continue to rent it?

 

[Pacific2011]

A foreclosure would put a damper on a new load I would think. Unless you got a new loan before the other foreclosed..but why ruin your credit like that if you can afford a home that costs 100K more..why let the condo foreclose? Just sell it first? IDK

BBM.Very good questions! Much of this doesn't make sense. . . .

 

[MissD]

But there's no Foreclosure Notice............NADA.
There's a difference of apprx. $100K from the condo to the house, really didn't pay a lot of attention to it. But if a lender is foreclosing, they have to serve notice and file with the Recorder's Office. There's a 30/60/90 day period (depending on the terms and what state you're in) that any back owed payments can reverse the foreclosure. (not doing well with the proper terms, brain fart)
There's no notice of back taxes, foreclosure, or sign off by AF.

According to her obit, she died February 17 (Tuesday), so maybe this IS how fast mortgage companies work......

BBM: That would be impossible unless they knew she was going to be dead before she was dead. Even if the obit was listed as February 17, her body want discovered until February 18, in the late afternoon. It wasn't even in the news until February 19th.

I don't think there's any way they could work that fast. Unless they had the paperwork already prepared.

 

[MissD]

She bought the house last year so foreclosure (if it were hers) would not be on her record. It's not the first time I've seen that. What I don't understand is the condo was bought at $242k, estimated bid is $231k, so it's not much underwater, why not rent or continue to rent it?

Exactly! These are questions that makes my radar go off the charts. I can't see Allison, who had a great career, and the perfect child and all that, doing something that would affect her credit for ten years. Why? Did someone give her some really bad advice? Was she involved in a previous marriage or relationship that somehow affected her finances in a negative way? This all bears some serious researching. How was she able to buy a $390K house when she foreclosed on a $ 270k one? Seriously!
And who is this Sherman guy? The bankruptcy guy. Why is he trustee?

I'm confused! Help! Are we on the verge of discovering a possible motive here?

IMO

 

[MissD]

I'm almost reaching the conclusion that Allison was indeed targeted. For money. This latest info regarding the mortgages makes me think it was a "hit". The cloth around the head is a technique used by executioners. The robbery and the rape could have both been staged.

IMO

 

[MissD]

Jason Sherman is a bankruptcy attorney.

Why would a bankruptcy attorney be involved? I thought she was doing extraordinarily well. Everything in her life was perfect. Isn't that was her dad said?

 

[Sillybilly]

Just a reminder that we do not sleuth folks who are not named as POIs or suspects.

Thanks !!