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Public Record Foreclosure and Distressed Sale Flags

Foreclosure and Distressed Sale Indicators  

Matrix Public Record Search supports indicators for the following:


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


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.

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  • 29-Jan-2024