Optec International Inc (OPTI)

[Olderandwiser]

OPTI house to be auctioned on 2/6/2023:

Here’s the newspaper notice for auction of “7961 Camino De La Dora Rancho Santa Fe Area, CA 92067.” Excerpts:

Total Lender Solutions, Inc. Recorded 3/9/2022 as Instrument No. 2022-0105377 in book , page _ of Official Records in the office of the Recorder of San Diego County, California, Date of Sale: 2/6/2023 at 10:30 AM Place of Sale: by the statue at entrance to East County Regional Center, 250 East Main Street, El Cajon, CA Amount of unpaid balance and other charges: $2,232,299.73.

You will be bidding on a lien, not on the property itself. Placing the highest bid at a trustee auction does not automatically entitle you to free and clear ownership of the property…

So much for “shareholder’s equity” in the OPTI property!!! Btw, as I’ve posted before, the San Diego County recorder’s office shows other liens.

Search for OPTEC to see 20 OPTEC records, or search for Roger’s name to see his tax liens, or Bistro 7 to see info on Roger’s restaurant:
https://arcc-acclaim.sdcounty.ca.gov/search/SearchTypeName

Details on the latest filing:

Record Date: 1/5/2023
Document #: 2023-0003369
Number of Pages: 3
Doc Type: 243 - NOTICE OF TRUSTEES SALE
Grantor: OPTEC INTERNATIONAL INC
TOTAL LENDER SOLUTIONS INC
Reel #: 202326417
Image #: 4134

Definition: https://www.uslegalforms.com › forms › ca-02001 › notice-of-trustee-s-sale
California Notice of Trustee's Sale - US Legal Forms
This notice informs the mortgagor that he/she is in default under a deed of trust. Unless prompt action is taken, the mortgagors property may be sold at a public sale to the highest bidder. The form also lists the date of the sale, place of the sale, the property address, and the newspaper responsible for printing the notice of the trustee sale.

Tagged post has this related info:

#2:
Record Date: 9/30/2022
Document #: 2022-0385122
Number of Pages: 4
Doc Type: 025 - NOTICE OF DEFAULT
Grantor: OPTEC INTERNATIONAL INC
(Grantee?) TOTAL LENDER SOLUTIONS INC
Reference To: 2022-0105377 (see tagged post:)

“At Total Lender Solutions, we advocate for lenders looking to maximize recoveries on defaulted loans.” https://totallendersolutions.com