Nexus Solutions! Does anyone know this company?

By
Real Estate Broker/Owner with Independent Real Estate Broker DRE#00972295

I’ve goggled them and can’t come up with anything!

 

Occasionally, I’ll notarize documents for friends and neighbors and today my neighbor's daughter asked me to notarize a “Short Form Deed of Trust and Assignment of Rents.”  She said it was going to “help her stop a trust deed sale on her rental property, which is scheduled for tomorrow.  But, I’ve never heard of this.  I don’t understand how recording a “Short Form Deed of Trust” will stop a foreclosure.  

 

The form is naming Nexus Solutions, a trust and Mr. Smith and Mrs. Smith, co-Trustees, as Beneficiaries.  Because this is a “legal” matter and since I am not an attorney, I really don’t understand how this works.

 

There were a few red flags that now that I think about it, maybe I shouldn’t have notarized it. 

Red Flag #1: In the “When recorded mail this deed to” box it had: Nexus Solutions and the property address of the owner.  That’s odd.

Red Flag #2: The document was dated: June 1, 2010.  That’s odd too!

 

If anyone has any insight on this? I would love to know.

Posted by

Aida Pinto (562) 884-6196
Los Angeles County
Real Estate Broker



The Real Estate Maven : https://www.facebook.com/aRealEstateMaven?ref=hl

 

Short Sale, Probate and standard real estate expert.

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Rainer
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Steven Cook
No Longer Processing Mortgages. - Tacoma, WA

Aida,  Not sure - but this looks like one of those shady deals where the company is trying to take over the property - without paying for it.  It would be helpful if there were more information about "Nexus Solutions".

May 31, 2011 01:54 PM #1
Rainmaker
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Aida Pinto
Independent Real Estate Broker - Los Angeles, CA
Real Estate Broker (562) 884-6196

Thanks Steven....I've googled it and can't come up with anything....I don't know how the whole scam works.

May 31, 2011 02:11 PM #2
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Rainmaker
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Aida Pinto

Real Estate Broker (562) 884-6196
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