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Updated over 9 years ago, 07/04/2015

User Stats

53
Posts
3
Votes
Amy Solomon
  • Rehabber
  • Jacksonville, FL
3
Votes |
53
Posts

Can you find a bank on this property? I can't! Not a REO?

Amy Solomon
  • Rehabber
  • Jacksonville, FL
Posted

I'm good at research, but new to this.


I found a house I am interested in, it appears to be bank owned in that it's vacant, and has one of the normal signs in the window stating to call this number if there is an emergency and we don't have any info on the seller yada yada.

But when I look it up, all I can find is that it changed hands many times seemingly within the same family, to trusts etc for $100 here and $100 there, then $30k in 2004 when it was worth over $100k. I followed the clerk documents and find only the person who opened a trust, basically transferring the deed to a management company for the trust. I don't see anything about a lender or mortgage. Obviously it can't be foreclosed unless there is a bank....

I am trying to figure out who the trust management company is but no luck.A web search for JDS MGMT INC doesn't really get me anywhere...yet

Here is what I know

WARREN KATHERINE J transfered deed to JDS MGMT INC TRS ETAL

WARREN KATHERINE J FAMILY LAND TR ETAL in 2007. There are no recorded documents after this.

The address is

  1. 10471 ANCHORAGE COVE LN
  2. Jacksonville FL 32257 in Duval county

Could it be that its not in foreclosure? That the trust is sitting on this house, empty. That it's not being rented or sold. That it's hired a management company to look after? the house and that's who posted the foreclosure like sign on the window?

I dunno...what do you think? What can you find that I am missing?

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