Vacant Land Opportunity with a pond in Lower Lake, CA. The incorrect legal property description in the underlying DOT was reviewed. Notwithstanding, the APN number and address were correct. Moreover, the correct legal description was stated in all foreclosure notices and in the Trustee’s Deed Upon Sale (“TDUS”) recorded after the foreclosure on 4/17/19. The TDUS eliminated the underlying DOT. Thus, there is no actual confusion concerning the correct description and property location at 14725 Murphy Springs Road, Lower Lake, CA. Upon prior tender to First American Title Insurance Co. in August 2019, it determined no reason to extend coverage before the foreclosure since there were no challenges to the property or validity of the deed of trust. Neither the borrower or anyone else has challenged or submitted any adverse claim regarding the prior foreclosure or the property description issue to date. It was previously advised on 4/11/24 that REO can proceed with marketing land.
MLS #
CRIV24150999
MLS Source
California Regional MLS
HOA Fee
$0
Zoning
LSI
14725 Murphy Springs Rd is in Lower Lake, CA 95457. This Land is currently priced at $227,000.
This address can also be written as 14725 Murphy Springs Rd, Lower Lake, CA 95457.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 30, 2024. For the most current information, please contact NEVEN SPRALJA