Can someone explain this to me???
So i been looking on zillow for forclosed 3/2 homes in my county. I been looking for months now but it was occuring to me that there is this person with multiable propertys on there that are all remodeled exactly the same. But the thing that concerned me the most was how there was never any recorded sales the last sale is when the bank forclosed on the home. I went to county records for one of the propertys and seen that it was in this family trust but the last recorded sale was the bank. But the homes have a certificate of title to his company. So how is the home in his companys trust if the bank still owns it? And theres no room for profit if hes flipping them he would be in the negatives on every one. So im thinking he is some how getting these homes in bulk from the bank and remodeling them and both partys have a win win situation. The company is called risingrealtyfl.com and they claim to have access to all these reo propertys on/off market.