I am a recent subscriber to foreclosure radar service and really like the info provided by this site. I am looking into buying my primary residence at a trustee sale and have narrowed some properties.
My next step is to find any existing liens against the property. From what I read online, I can either pay title companies for a preliminary title search (been quoted $400+) or do the research my self by going to the county recoder’s office. Here are the few questions that I have:
- Does recorder’s office “the” source for all outstanding liens against the current owner(s) and the subject property (except the property taxes)? Should any HOA, mechanical, IRS liens, lis pendings, judgments, etc. that affect a title be found at the recorder’s office?
- If so, would I find this info under the owner’s name?
- For the couple of properties that I have narrowed my search to, I didn’t see any other liens against them in the county recorder’s office. Should I still pay someone to get the Prelim. title report or my research is good enough since the property history seems quite clean.
- For owner/properties that may have had any other liens against them, would your site report them under the “transaction history” or not? If not, isn’t the information available to you when you are looking thru the county records while determining loan positions etc.
Thanks very much for your help!