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Home Buying in Afton : Real Estate Advice

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Mon Jul 22, 2013
Steve Parsons answered: need to talk to yourself?
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Tue May 5, 2009
Colin Storm answered:
Bear in mind that the deed/tax information will show you the original mortgage amount, but leaves out any additional debt on the home such as HELOC's. If the owner has refinanced, or taken out additional lines of credit they may owe far more than what you will see.

These days it is not all that uncommon to find homes with twice the original mortgage worth of dept attached to them. So, if you are trying to use the deed information to help determine an appropriate offer on the property just know that you may be working with incomplete information.
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