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Wells Fargo Bank, N.A. v. SFR Investments Pool 1, LLC, 2:15-cv-00813-RFB-DJA. (2019)

Court: District Court, D. Nevada Number: infdco20190823d86 Visitors: 63
Filed: Aug. 22, 2019
Latest Update: Aug. 22, 2019
Summary: [PROPOSED] SUPPLEMENTAL ORDER GRANTING SFR INVESTMENTS POOL 1, LLC'S MOTION FOR SUMMARY JUDGMENT RICHARD F. BOULWARE, II , District Judge . Before the Court came Southern Highlands Community Association's ("Association") Motion for Summary Judgment [ECF No. 82], SFR Investments Poo1, LLC's Motion for Summary Judgment [ECF No. 83] and Wells Fargo Bank, N.A.'s ("Wells Fargo") Motion for Summary Judgment [ECF No. 84]. Having considered the respective Responses [ECF Nos. 92, 93, 94, and 95] a
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[PROPOSED] SUPPLEMENTAL ORDER GRANTING SFR INVESTMENTS POOL 1, LLC'S MOTION FOR SUMMARY JUDGMENT

Before the Court came Southern Highlands Community Association's ("Association") Motion for Summary Judgment [ECF No. 82], SFR Investments Poo1, LLC's Motion for Summary Judgment [ECF No. 83] and Wells Fargo Bank, N.A.'s ("Wells Fargo") Motion for Summary Judgment [ECF No. 84]. Having considered the respective Responses [ECF Nos. 92, 93, 94, and 95] and Replies [ECF Nos. 95, 96, 97, and 98], and for all the reasons stated on the record at the hearing held on August 14, 2016, the transcript of which is incorporated herein by reference, the Court rules as follows:

IT IS HEREBY ORDERED that SFR's Motion for Summary Judgment is GRANTED, Association's Motion for Summary Judgment is GRANTED, and Bank's Motion for Summary Judgment is DENIED. The nonjudicial foreclosure sale conducted on September 26, 2012 extinguished all junior interests in the Property, including the deed of trust recorded as Instrument No. 20080930-0004439. As a result, Wells Fargo, its successors or assigns, has no enforceable lien, interest or property right in the real property located at 3270 Sicily Heights Ct., Las Vegas, NV 89141; Parcel No. 177-32-218-034. The Court further finds that there is no basis to support the lis pendens in this case as Wells Fargo has no existing interest in the Property. The lis pendens recorded against the Property in the Official Records of the Clark County Recorder as Instrument No. 20150611-0002087 shall therefore be expunged.

Source:  Leagle

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