Comments on: How can I find out if a house is undergoing foreclosure?

By: Kat

Kat — Wed, 03 Dec 2008 09:27:11 +0000

You’ll need to find out if a Notice of Default has been filed. You can do this at your County Recorder’s office. Once the Notice of Default has been filed, the owner has 90 days to become current on their payments. If the owner does not make payments or arrangements, a Notice of Trustee’s sale is given. This will be posted on the house and in the Classifieds section of the local newspaper 3 weeks before the Trustee’s auction.

The home then goes up for auction. The new owner (either the bank, or someone who purchased the property at the auction) has the option to renew your lease or proceed with eviction. You’ll have at least 30 days to move, if they choose eviction. Many new owners are offering “cash for keys”, where they will offer you cash to move out sooner.

Good luck!

By: LOCKNLOAD1

LOCKNLOAD1 — Mon, 01 Dec 2008 10:08:28 +0000

An NOD is considered public record so it should be fairly simple to find out.
You can e-mail me the address and I’ll check for you if none of these methods work for you.

By: Mariah

Mariah — Sun, 30 Nov 2008 06:31:53 +0000

notice of defaults are filed in California. If there is a NOD filed on your property, you will know immediatley. You will get phone calls soliciting hard money loans or people trying to get you to refinance. You will also be mailed a ton of letters from sharks trying to “help”. If you are renting, your landlord should tell you as you are paying rent. If you own, foreclosure is usually initiated if you miss two mortgage payments.

By: got5ofem

got5ofem — Fri, 28 Nov 2008 13:04:15 +0000

You should go to your local county recorders office. This is where a record must be filed regarding any property matters ie liens, foreclosure, trustee sales, etc. good luck..I know because I am in the same situation and had it not been for my snooping around, then I would have been thinking that everything was fine and dandy. The landlord even had the nerve to tell me that “everything was fine. He made arrangements with the bank.” Liar, liar, his deed is on fire!!!!

By: Pat B

Pat B — Fri, 28 Nov 2008 07:06:57 +0000

Are you a renter or the owner? If you are the owner, you should know how far you are behind in your payments and you should have been served foreclosure notices. Then they publish a foreclosure notice in a newspaper serving your area. Until the actual sheriff’s sale, you won’t find anything at your local register of deeds office.

If you are a tenant, you are in a tougher situation. You can check the newspapers for the foreclosure notice, but you will need to know the owner’s name, possibly the property identification number, but definitely the legal description. Quite often, published foreclosure notices do not include the common address. Eventually, you will be served with a notice that the foreclosure sale took place and depending on the redemption period, you should be given some notice to vacate. I really wouldn’t put a lot of trust in this though. If you are a tenant, I would ask the property manager or owner of the property straight out. Just remember that even if a property is going into foreclosure, that doesn’t mean you can stop paying your rent.