Foreclosure Prep - Help Needed with Liens Due Diligence Review

[Boris Shakhmurov]

Good Morning all,

I am completing due diligence review as a prep for Foreclosure Auction and was hoping to get some assistance from the BP team/members.  I was able to find information online for the following:

1. Licenses and Inspections (L&I) Liens - https://atlas.phila.gov

2. Real Estate Tax Liens - http://www.phila.gov/revenue/realestatetax/

3. PGW (Gas) Liens - courts.phila.gov

While i understand the importance of running a title search, that could be a very expensive process for 30+ properties and i am trying to complete as much basic due diligence as possible before narrowing down on those properties that absolutely require a title search.  Appreciate any guidance you can provide:

A. How do i look up all the Mortgage Lien balances (1st mortgage, 2nd, etc) associated with the Philly properties?  I was able to find the records but not the remaining amount (epay.phila-records.com/phillyepay/eagleweb)

B. Which Type of Liens will be removed after property goes through Philly Foreclosure Auction?

C. Which Type of Liens will remain after property goes through Philly Foreclosure Auction?  

D. Where can i find Water and Sewer Lien information, specifically the amount owed against the Philly Property?

E. Where can i find Utility and Mechanics Lien information, specifically the amount owed against the Philly Property?

Thanks in advance!!!!

[Wayne Brooks]

Loan balances aren’t publicly available anywhere, you can sort of guess with an amortization schedule but you don’t know if/how far behind in default they may be.