Jan 17, 2011

ON VACANT PROPERTY NOTICE SEND LETTER CERTIFIED RETURN RECEIPT REQUESTED

Dear Sirs:

Attached is a copy of a notice stating the property is vacant and unsecured. This is untrue. It also indicates that your inspection never occurred. If it was unsecured as you claim your inspection agent would have been able to see inside that the property was not vacant. If such an inspection ever occurred it would have been clear that the property is both occupied and secure.

But the first point is that one of the co-owners is in bankruptcy and your letter is contrary to the stay imposed by the court.

Secondly, you have still failed to answer our questions regarding the identity of the creditor on our loan obligation. From your own information and the information obtained through investigation, we know you claim to have originated the loan, but you have provided no evidence that you ever funded it. We know that you claim to have sold the loan to a government sponsored entity, but you have provided no evidence that such a transaction took place. You claim that you have purchased said loan back from the government sponsored entity but you have provided no evidence that such a transaction took place.

Thus by your own admission, your notices have been without any authority to have executed and sent them. We have stopped payments because we have no assurance that you are the creditor (in fact what we have now make it highly questionable that you are or ever were the creditor); in addition we have no assurance that if we made a payment, it would ever get to the creditor, as defined by Arizona statutes and case law.

Lastly, we contest the amount due on any claimed obligation. It is at best unknown. We have a claim for a fraudulent appraisal, which based upon facts known to us and claimed by you to be true, is a representation of value that was wildly wrong. We now know that the appraisal was fictional and inflated and it was based upon said appraisal that you claim to have originated or facilitated the loan, giving us the impression that you were underwriting this loan in accordance with industry standards of review, analysis, confirmation and approval. In fact, that is no more possible that any effort was made to “underwrite” this loan than it was for you to have actually had an inspector visit the property.

The vast difference between the value used in the appraised value has caused us an enormous loss for which you are responsible.

Very truly yours