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Updated over 7 years ago on . Most recent reply
NoVA Pre-Foreclosure/Auction Tracking and Data Sources
Hey,
Does anyone have any sources of a reliable data service for tracking pre-foreclosure and/or trustee auctions in NoVA counties?
I recently relocated to the area, and the default tracking data/process seems extremely opaque compared to the west coast states I'm used to dealing with.
If there aren't any data services, how are you guys/gals tracking these opportunities? From what I can see, you've got to manually monitor legal notices in the Times/Post/County Papers to compile auction notices, then track the sale status (date, cancellation, postponements,etc) on the default attorney/trustee website. Then on top of that, the default amount is not published, so you've got to estimate that based on the loan amount at origination (minus amortization).
Am I missing anything here? Possibly tracking substitution of trustee filings for when the lender transfers over to a default trustee?
Any feedback on my thought process, and/or data sources would be appreciated!