Prosecutor Welch asked if once the title company or the lender goes through the foreclosure process and the foreclosure is successful, the borrower, the person who had the property, what are their rights to that property after the foreclosure is final?
Mr. Cloud responded that they are wiped out and they lose the property. He also stated that they have no interest, control, or stake in the title. Mr. Cloud was shown exhibit 2 TRUSTEE DEED UPON SALE recorded on March 16, 2012, and the exhibit 3 GRANT DEED, and Exhibit 4 CORRECTION of GRANT DEED. He walked through the basic terms and definitions of real estate.
Notice on page 205 below, second paragraph to last, second sentence. APPARENTLY, PAYMENTS WERE NOT MADE. These were more lies and we now believe that the prosecution was trying to paint Barbara as a person who did not pay their mortgage bill. When in reality, she was doing what she was told to do by skipping payments, paying inflated payments, and everything in between. When Barbara finally realized what she believed was fraud backed up by concrete evidence of it, only then did she stop making payments.
Basically, Mr. Cloud was brought in to explain how Ms. Bratton supposedly no rights to her home had after it was sold at auction through the TRUSTEE DEED UPON SALE.
In the picture above you see the prosecution ask about what was the effect of the Grant Deed as of March 2012? It is transferring title from U.S. Bank to Salvador Guevara. U.S. Bank acquired title as a result of the foreclosure action that took place in March 2012.
IN REALITY AS DOCUMENTS WILL SHOW LATER. ROSELA OR SALVADOR GUEVARA FRAUDELENTY CREATED FAKE DOCUMENTS MAKING IT LOOK LIKE U.S. BANK IN FACT SOLD THE PROPERTY TO MR. GUEVARA.
Right above you see Mr. Cloud state that a Correction of Grant Deed is not usually used to switch owners. Which is the way in which Barbara used it. He stated that it is usually used to fix mistakes. IN Barbara’s MIND, THAT IS EXACTLY WHAT SHE WAS DOING.
