Quiet Title Action: An Action To Quiet Title During Foreclosure

The main misconception regarding Quiet Title Action is that it is carries the same functions as Quiet Title. Sadly enough, this couldn't be furthest from the truth. Both however can be used as offensive measures to eradicate foreclosures altogether.
 
 
Spread the Word
Listed Under

Tags:
Quiet Title
Quiet Title Action
Lis Pendens
Pooling And Servicing Agreement
Notice Of Default

Industrys:
Home
Real Estate

Location:
Los Angeles - California - US

June 26, 2012 - PRLog -- The primary misconception is that an action to Quiet Title (Quiet Title Action) and Quiet Title are one in the same. They are not. Quiet title is a direct action taken to remove all and any ill claims from the property in general. It details the house in its entirety and not only a specific title problems, otherwise known as breaks in the chain of title, which quiet title action does cope with. If there's an issue with a specific real estate (housing) documents, invalid transfers or assignments, robo-signing, title related issues etc., these points of argument must be argued before a Quiet Title Action can commence. This would be done through the filing of a Quiet Title; if a consumer then wishes to challenge any and all claims of ownership by banks, servicer's and other parties, filing a Quiet Title Action would be the better course of action.

The challenge facing most consumers is that they typically start off on the wrong foot, thereby loosing their court battle before ever beginning. It's all about proper order and procedures: having your ducks in a row. By filing a Quiet Title Action, the consumer is ultimately requesting that the presiding judge make a ruling on the presented evidence that has 'already' been argued.

See, one must proceed the other. Presiding judges know this as well as the attorney(s) representing all other parties. They count in the sheer ignorance of the consumer to NOT know what to do; thereby winning by a technicality. In the statements made above, a Quiet Title would be the proper course of filing for the consumer that possessed strong evidence that displayed clear issues of fraud. For the vast majority of loans originated prior to 2010, there exists an insurmountable amount of evidence which leads one to believe that because of securitization as well as other frauds, that the alleged lender would not be able to reconstruct back the unbroken chain of title, in addition to presenting all original mortgage documents and showing original recordings and transfers at each step the property changed hands.

Unfortunately however for most consumers, it's not what one knows, but more-so what one can prove. Most consumers simply fail to conduct the proper research needed to gain a clear advantage; and therefore further suffer and fall victim to this corrupt foreclosure process.

The fact still remains that because of online registries like the Mortgage Electronic Registration System, Inc. (MERS), several mortgage related documents, recordings and transfers never make it to ones local county register of deeds office, as required by law in the vast majority of states.

According to QuietTitleAction.net, a primary source for consumers seeking more knowledge about Quiet Title Action information, "over the past 10 years over 85% of the all home mortgages have been inaccurately assigned, converted and transferred, thereby containing various elements of fraud; and unless a consumer makes a conscious decision to investigate their documents, recordings, property records as well as conduct their own securitization search, the fraud will simply continue to go on without recourse.

To learn more about Quiet Title Action, How To Find Your Securitized Loan and Foreclosure Defense, please visit the website: http://www.quiettitleaction.net for more information.

About QuietTitleAction.net

QuietTitleAction.net can be an online site focused on providing people with relevant data regarding Quiet Title Action, Quiet Title, Securitization, and much more. For more information about Quiet Title Action, Quiet Title or connected foreclosures research subjects, please press "Quiet Title Action" or visit our web site at http://www.quiettitleaction.net
End



Like PRLog?
9K2K1K
Click to Share