Here is an interesting article now that we know the outcome. I think the probate attorney is wrong about the Petersons being able to foreclose. My take is that SP's property rights can be denied retroactively to the date of the murder. His parents should have tried to purchase title insurance on their deed of trust to protect themselves. Scott Peterson was charged with the crime before the lien was placed on the house by the parents.
http://www.sacbee.com/24hour/special_reports/laci_peterson/peterson/relatedstories/story/7810146p-8698433c.html
RG that sure wouldn't make sense here either. I don't see any legal way that Peterson's could foreclose.
Anyhow, on the deed... I checked the recordings and although there are lots of recordings documented, I don't see any reconveyances from the first, so how the Peterson's can forclose or take possession is unknown to me unless payments aren't made. Check and let me know all those that you can defer of? I cross referenced all names associated...