Posted by Christine Baker on October 17, 1998 at 19:02:22:
In Reply to: Tracking Default posted by cnbj on September 30, 1998 at 20:20:11:
: I am aware of a home in my area, San Bernardino County, California that is currently not in default but make be soon. How can I track to see when the first notice of default is given. I want to may an offer directly to the bank before foreclosure and reposession takes place. The current loan is approximately $96,000. Property is the area is selling through HUD and the adverage is $66,000. Sales with private owners are not moving in this area.
You can subscribe to an information service such as RealtyTrac http://www.realtytrac.com/ starting at $75/month.
I'd like to get some feedback on accuracy/reliability/ease of use of this or similar services.
And of course, you can check yourself at the County Recorder's office free of charge.
Christine