Foreclosure in 22101>Question Details

Marc M., Home Buyer in 22101

How to find out how much a seller owes on a mortgage? Or at least how many liens and how much he has borrowed.

Asked by Marc M., 22101 Mon Oct 19, 2009

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3
The best way to find out how many liens and how much they are is to go to the Fairfax County courthouse and look it up in the land records department. It is public access, but not available online to the best of my knowledge.

Or you could hire a title company to do a full title search and it would cost somewhere around $100.

AJ Heidmann, ABR, CRS, e-PRO
Cell 703-474-1260 ~ Office 703-518-8300 ~ Fax 703-518-8314
AHeidmann@CBMove.com
Coldwell Banker Residential Brokerage
310 King Street, Alexandria, VA 22314
Licensed in Virginia
2 votes Thank Flag Link Mon Oct 19, 2009
Marc

You can find out how many liens an Owner has from the courthouse but how much they owe is another story. Their could be just a first mortgage, or more likely an owner has a 2nd mortgage or a line of credit, and there is no knowing how much they have borrowed on that line of credit. Also, the Owner may owe back taxes on the home, he/she may owe fees to the Homeowner's Association. If it is a foreclosure or short sale there may be attorney's fees too.
Why do you need to know how much the seller owes, and/or the number of liens on the home?
More information might better help to answer your question.
Give me a call and we can discuss it further.

Kathy Stark
703-201-9656
kathystark@weichert.com
Weichert, Realtors
Accredited Buyer Representative
Certified Debt Resolution Specialist
Graduate Realtor Institute
0 votes Thank Flag Link Mon Oct 19, 2009
Have ur buyer agent ask the listing agent.
Ramesh Chandra
703 635 8209
mepcigroup@gmail.com
0 votes Thank Flag Link Mon Oct 19, 2009
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