Monday, April 25, 2005

Part III of real estate property status

If the real estate property is foreclosed, you should find what a lis pendens notice if you are in a mortgage document state. For Deed of Trust states there will be different names, however the staff should know what you are talking about either way. Once you find the notice then make a record of the file number and name. With that, you will then go to the county clerks office and ask to see the file. This tells you what is owed on the property, and a plethora of other information that you should look at.

Next time we shall wrap up on primer on how to find information from your local courthouse on a particular piece of real estate. In the mean time be sure to check out other sources of deals, including foreclosures bank owned for leads.


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