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Greater Pittsburgh Area Real Estate Investors
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 Post subject: Debt and Liens
PostPosted: Fri Apr 30, 2010 3:19 pm 
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Joined: Fri Mar 19, 2010 3:42 pm
Posts: 10
Aside from looking at a Seller's mortgage statements, how do you tell if there are any additional tax debts or other liens on the property?

Thanks much.
Julia


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 Post subject: Re: Debt and Liens
PostPosted: Sat May 01, 2010 5:57 pm 
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Joined: Sat Sep 20, 2008 9:13 pm
Posts: 1
Wouldn't a title search give us that information?

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 Post subject: Re: Debt and Liens
PostPosted: Mon May 03, 2010 3:18 pm 
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Joined: Thu Mar 04, 2010 8:42 am
Posts: 10
Location: Pittsburgh, PA
A title search would list all outstanding recorded and filed liens and mortgages. It will not show any current, but unfiled, municipal liens such as water and sewer and also unpaid and unliened taxes. Depending on the county you can look up mortgages and liens on the County Recorder of Deeds and Prothonotary website. While this should not take the place of a professional title search, it may reveal information that would lead you to follow up with a search and or may dissuade you from looking further in your pursuit of a short sale.


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