You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close

Follow us on Instagram Twitter Facebook LinkedIn

Public Record Foreclosure and Distressed Sale Flags

Foreclosure and Distressed Sale Indicators  
 

Matrix Public Record Search supports indicators for the following:

Pre-foreclosure:

Properties for which a notice of default has been issued or for which a lis pendens has been recorded.

Auction:

Properties scheduled for auction.

Bank Owned/REO:

Properties purchased by banks or investors at auction.

Short Sale &

REO Sale:

Short sale indicators flag properties for which the most recent sale transaction was projected to be for a price less than the outstanding mortgage balance, while REO sale indicators flag properties sold by banks and institutions acting on their behalf. Together, they are known as distressed sale indicators.

  • 559
  • 09-Mar-2020
  • 1367 Views