Hunter Paschall Real Estate Articles and Tips

The best source for pre-foreclosure information is the county courthouse.
Real estate transactions are recorded in the county in which the property is located.

You will need to look for the pre-foreclosures in the county you are interested in. A property in residing in county #1 cannot be found by looking in county #2. This information is public record and anyone can simply go and look at it.
Most county courthouses are big imposing buildings filled with lots of official departments and offices.

The first trip to the courthouse can be intimidating to the nervous visitor. Make the process easier by getting some information in advance.
Call and ask which office or department handles real estate transactions. Generally, it is the county clerk or county recorder’s office.
Call this department and get some basic information such as where in the courthouse they are located, what hours they are open to the public, etc.

Courthouse records have valuable information for pre-foreclosure investors.
What exactly are you looking for?
That depends on what phase of pre-foreclosure you are dealing with and the state in which
you are located. In trust deed states, for example, you will look for Notices of Default. In states that use the mortgage system,
look for a Lis Pendens.

Other public records of interest can be found at the tax collector’s office.
People who are seriously behind on their property taxes are often also in default on their home loan.
In addition, keep an eye out for notices (either in the newspaper or at the courthouse) of current lawsuits.
You may spot information on a legal battle involving a home in pre-foreclosure.

Need funding for your Short Sale?
I can help you with that.
Click Here

Have an Awesome Weekend,
Hunter
407-772-2274