REO Owner "Runaround" - Posted by Kaitlyn

Posted by Mik on February 13, 2008 at 10:22:05:

Title search - through a trusted title company. Good luck.

REO Owner “Runaround” - Posted by Kaitlyn

Posted by Kaitlyn on January 29, 2008 at 10:18:36:

Hi All,

Sure hope you can help me. I live in Los Angeles, CA and am trying to find the “CURRENT” owner of an REO.

The records state it is owned by a bank trust, but when I called the bank they said they had no record of the property!

What I’m finding is that REO’s are passing many hands and sometimes the county doesn’t reflect the current owner. But how can that be? In order for the owner to legally claim title it must be recorded right???

Anyway, I just think that bank employees don’t know how to locate these “trust” properties in their regular database.

How do I find out who own the freakin property in Los Angeles???

Thanks (I’m pulling out my hair, I want to get to the bank and make an offer before they list it with realtors)

Kait