No DATE On Tax Records

bth126 profile photo

As a (very part-time) Realtor, I have access to online tax records. I would say over 50% of the time there is no date given for the new mortgage or purchase price. Also what does a sale price of $1 mean?

Has anyone else experienced this? Should I just go by houses that have a closing date after say 1/1/02...found on MLS?

Thanks,
Brian

Comments(1)

  • tailfeather11th September, 2003

    Bth,

    Here is the funny part - you are not alone. It is not required in all states that you record withthe County Recorder. My wife is an agent and we find properties all the time that have no information. When notes are flipped most of the time the note is never recorded. Savvy investors will because it guarantees their rights to ownership. As far as pricing goes it is not mandatory that a dollar value be recorded. We've seen some where the amount shows Warranty Deed or Quit Claim. People don't like other people knowing their business is what it all boils down to.

    No matter what always record with the County Recorder. Hope that helps and much continued success to you.

Add Comment

Login To Comment