I want to know at what time does the public records gets updated on sites like Zillow, Redfin when the property sale transaction completes ?
I am in a situation where I am transferring the title to my relative. I am paying the excise tax based on fair market value. What I don’t know is if this transaction is considered as sale transaction and will show up in Zillow or Redfin as property sold transaction or not ?
I’ll appreciate if someone can help me understand the process.
First, these sites are not “public records”, they are “private services, free to the public. But yes, your transaction will show up in the actual public records, and likely picked up by these sites as that that is where they get their info. It may not, or may, show up if the your county classifies it as a “non arms length transaction”.