Updated about 9 years ago on . Most recent reply
Is there an easier way to find out the payoff amount at auction
There is a list of close to 900 properties going to a sheriff's sale within 3 months. The loan amounts are mentioned in the discription on their website but they go for a lot less. One property sold for $36,000 when the outstanding loan amount showed up as $138,000. Would a title search reveal how much is the payoff amount the bank is looking for? What is a better way to weed through this exhaustive list? I use a title company to find out if there are any outstanding liens on the property but I got to give them 2 or 3 properties ...even I get tired after the first 5 pages.
Just to let you know I am a real estate broker who also loves to fix and flip.