Home Buying in 32746>Question Details

Whylene, Both Buyer and Seller in

Where can I found out how much is owed on a bank loan? Is this public record? Can I do it on the internet?

Asked by Whylene, Sun Sep 7, 2008

Help the community by answering this question:

Answers

9
Whylene:
I have used the site http://netronline.com/ in the past. It is hard to navigate, but it will take you to the county clerk records and all recorded documents as they relate to a property or a person. Of course, it doesn't give a calculation on what is left on the loan, but it is a good place to start. Hope it is helpful.
Lisa
Web Reference: http://netronline.com/
1 vote Thank Flag Link Sun Sep 7, 2008
Hi Whylene,

The answer is yes & no. First you must identify the address of the home in question. 2nd go to http://www.scpafl.org/web/web_main.main type in the address (only) and it will display who the owner is. 3rd go to: http://officialrecords.seminoleclerk.org/NV_Records/or_sch_1.asp type in the name of the owner and it will display all of his public records. look for a document type MTG this is his mortgage. all this will do is display how much the lien was for on that day. The only way to know exactly what is owed is to have a title search done and have the owner sign an authorization so you can go to his bank and request a payoff.

If you are searching for bank owned homes and Foreclosures go to: http://www.sterlingchaserealty.com/ The most advance Foreclosure search on the web!
0 votes Thank Flag Link Wed Dec 23, 2009
Are you considering buying a bank-owned property? If so, make sure that appropriate title work is completed and that you are given clear title when you purchase. Again, North American Title can help you with that need.

Good luck and please let me know if I can help further.

LaShawn Norden, PA, ALHS
REALTOR
RE/MAX Central Realty
1135 TownPark Avenue, Suite 1105
Lake Mary, FL 32746
LaShawn@LaShawnNorden.com
0 votes Thank Flag Link Tue Sep 9, 2008
Thanks again for your answers. I looked at the information again on scpafl.org and it seems the certificate of title was issued to Mr. Smith, but it doesn't list Mr. Jones' subdivision. So, there are a couple of possibilities. One: The link is messed up or Two: someone at the scpafl.org attatched the wrong document to this property or simply was careless. I have verified that the property is bank owned.

In addition, I have found other errors on their site. Unfortunately, the errors have been related to the homes I am researching. Thanks again for all of your input, you guys are the best!
0 votes Thank Flag Link Tue Sep 9, 2008
Seems like a quit-claim deed was issued.

This is where a real este attorney or tiele company
can bring your issues to rest.
0 votes Thank Flag Link Mon Sep 8, 2008
Whylene,
Without knowing more about the property or seeing the documents you are referring to, I cannot comment about who the true owner is or why the title policy has one name but the deed has another. I consulted with a representative from North American TItle Company today to see if I could answer your question, but was told that the documents in question really need to be evaluated. The title company I work with, North American Title, assured me that if you would like to contact them with your questions, that they will be happy to assist you. Feel free to call them at (407) 523-1667. You can ask for Shelly or Athena.
Good luck and please let me know if I can assist you further!

LaShawn Norden, PA, ALHS
REALTOR
RE/MAX Central Realty
1135 TownPark Avenue, Suite 1105
Lake Mary, FL 32746
(321) 377-0157
LaShawn@LaShawnNorden.com
0 votes Thank Flag Link Mon Sep 8, 2008
Thank you all for your answers. I have run across something interesting while researching the scpafl.org site. How can a warranty deed have one name on it and a certificate of title have another name on it? In this particular case, the warranty deed is for Mr. Jones. Then a quit claim is listed, then there is a certificate of title for Mr. Smith, but there is no loan amount, just the $100 fee. How did Mr. Smith acquire the property? Does the property even belong to Mr. Smith?
0 votes Thank Flag Link Mon Sep 8, 2008
Whylene,
You can find out what mortgage amounts were taken out on a particular property by reviewing the Seminole County Clerk of Court. It will make it easier if you know the Seller's name, rather than the address. As stated previously, this record does not reflect whether or not the mortgage has been paid on at all, but is a good reflection of what was owed at the time the loan was taken out.
If you have a particular property you are interested in knowing about, let me know and I'll be happy to look it up for you.

LaShawn Norden, PA, ALHS
RE/MAX Central Realty
1135 Town Park Avenue, Suite 1105
Lake Mary, FL 32746
(321) 377-0157
LaShawn@LaShawnNorden.com
0 votes Thank Flag Link Mon Sep 8, 2008
You can locate some loan records online- try the county records for Seminole County Lake Mary and search for mortgage related info on a specific address. Here is the link~ go to Records Search
Web Reference: http://www.seminoletax.org/
0 votes Thank Flag Link Sun Sep 7, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer