Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago, 02/11/2016
Help deciphering this example?
Hi Everyone! If any of you have the time, would you mind looking at he below cut and paste from a Property that is currently on AuctiondotCom. This is from the "title information" that is listed on Auctiondotcom's site. My questions with it basically revolve around how much $ is still owed on this property...is it possible to glean how much the bank is owed from this mortgage information on the title report? I realize that there could be many other liens in various positions, besides the mortgage..really just curious if this title report offered on the listing is worth even looking at?
- MORTGAGE INFORMATION:
MORTGAGE
Borrower: Borrower
Lender: "MERS" is Mortgage Electronic Registration Systems, Inc., as nominee forHomestead Funding Corp
Amount: $253,255.00
Dated: January 23, 2009 Recorded: January 29, 2009
Document No.: 01 2009 540
ASSIGNMENT
Assignor:"MERS" is Mortgage Electronic Registration Systems, Inc., as nominee for Homestead Funding Corp
Assignee: Bank of America, NA
Dated: August 8, 2012
Recorded: August 22, 2012
Document No.: 01 2012 3505A
ASSIGNMENT
Assignor: Bank of America, NA
Assignee: Nationstar Mortgage, LLC
Dated:June 20, 2013
Document No.: 01 2013 2568
Recorded: September 6, 2013
C. TAX INFORMATION: SEE ATTACHED
D. JUDGMENTS AND OTHER LIENS OF RECORD:1. Lis Pendens filed January 30, 2014 Index No. 14-490, to foreclose the Mortgage recorded
in Document No. 01 2009 540. Judgment of Foreclosure and Sale filed March 16, 2015.