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Updated over 7 years ago on . Most recent reply

User Stats

284
Posts
137
Votes
Pat Jackson
  • Rental Property Investor
  • Reno, NV
137
Votes |
284
Posts

Need help reading a title report

Pat Jackson
  • Rental Property Investor
  • Reno, NV
Posted

Following some advice I just received, I'm trying to learn how to read title reports/do the searches myself.  This is hardly a search (in this case it will likely take a physical trip to the courthouse which is about to happen), but I am curious why there's a difference:

Here's a snapshot from the auction.com title report:

and here is the legal notice in the local newspaper:

I see there's a lien from 2007 for $16,270.  According to the paper, there was a deed of trust executed in 2015.  Do these different dates represent when the loan was made, and when they went into foreclosure/got underwater on their mortgage?  

I'm wanting to buy this house at auction, and doing my best due diligence to ensure there isn't more than one lien against the property.  I don't want to throw my hands up and say, "it's all Greek to me" but I must admit, I am a bit confused.

Followup question, I assume having these document numbers will speed up my search at the courthouse?

  • Pat Jackson
  • Loading replies...