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Trust Deed: a contract by which property is made security for the payment of a debt or obligation without a change of possession; a lien against property.
Trustee's Deed: Document conveying ownership of a property.
Trustee's Sale: Public auction.
3 Months Later: If the borrower does not cure the default within three
months of the recording of the NOD, the trustee schedules a Trustee's Sale.
At least 21 days later: On the day of the sale, the trustee will sell the property to
the highest bidder. The first bid, made by the beneficiary (lender), is normally equal to the unpaid principal
or remainder of the loan plus accrued interest, advances for taxes and prior encumbrances, insurance
and foreclosure costs. After the sale is made to a successful bidder and the trustee is paid the amount
of the highest bid, the trustee delivers a trustee's deed (and title to the property) to the purchaser.
The information contained herein has been compiled from public records. However, it does not reflect the
official records of the County Assessor. These records are for informational purposes only. No liability
is assumed by the County Assessor or this site for the accuracy or completeness of information. The
user is directed to the office of the County Assessor for official assessment records.
Thomas Brothers coordinates (upper right corner): The page and grid coordinates for the site address of
the property in default.
APN: This is the Assessor's Parcel Number, followed by T (the tract #),
L (lot #), B (book#) and P (page #) of the parcel.
Trustor: Original borrower. Does not necessarily reside on the property.
Bene: The beneficiary, another term for the lender.
Trustee: Neutral third party in trust deed transaction. The trustee holds
property in trust for another to secure performance of an obligation.
Trustee #: This is the Trustee's file number on the property. The LN#
is the loan number assigned by the beneficiary. (The County Recorder assigns another loan number. See below).
Sale: (On Trustee's Sale listings only.) This line shows the date, time and
location of the sale.
Sale #: (On Trustee Sale listings only.) The instrument number assigned by the
County Recorder's office for the Notice of Trustee's Sale.
Rec: (On Trustee's Sales listings only.) The recording date of the Notice of
Trustee's Sale.
Minimum Bid: Set by the beneficiary. Also called the opening bid.
Loan Amt: The face value of the original loan.
Delinq Date: Date the borrower first became delinquent.
Delinq Amt: Amount of payments currently in arrears or could also be the amount of loan balance plus arrears, or a delinquent condo owner's dues.
As Of: Deliquent amount is calculated by the trustee as of this date.
Rec Date: The date the NOD was officially recorded with the County Recorder's office.
NOD Inst #:, Reference number assigned the NOD by the County Recorder.
Loan Date: Date of original loan.
Loan #: This is the loan # assigned by the County Recorder's office.
Last Sold: Last sale date of the property.
Land Value: The last assessed value of the land.
Bldg Value: Last assessed value of improvements.
Assd Value: Last assessed value of the property.
Size: Size of the building on the property in square feet.
Lot: Size of the lot in square feet.
Use: This is the zoning code for the property.
Built: Year built.
Units: Number of units in the building.
BR: Number of bedrooms.
Descriptions
Site Address at top of the listing: This is the location of the property
in default. It may or may not be the address of the owner of the property.