Specific question: When looking at a foreclosure property that has the Owner listed as...

Asked by Edie, Springfield, VA Wed Apr 16, 2008

The Owner of the property is listed as Soundview Hme Ln Trst 2005 --what bank is this? The original foreclosed loan was thru Option One Mortgage. So if I wanted to contact the "owner/lender" which is it? I found the info on RealtyTrac but I can't figure out what bank this is...any experienced REO/foreclosure agents want to help me figure it out?

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Steve Wisemi…, Agent, Arlington, VA
Tue Apr 22, 2008
Edie,

I can see about getting a Title search for you. Shoot me an e-mail.

swisemiller@remax.net
Web Reference:  http://www.stevesellsva.net
0 votes
Frank Bigans…, Agent, Newport News, VA
Thu Apr 17, 2008
Edie,

Option One Mortgage is a servicer of loans and a subsidiary of H&R Block. They probably long since sold the loan to Soundview Home Loan Trust at or after closing in 2005. So dont look to Option One as the note holder.

Soundview acquires asset backed certificates, and are big players in the mortgage industry, and are right up there with IndyMac, Merrill Lynch, First Franklin and similar lenders.

But in order to find out more information about this or any foreclosure, REO, or bank owned property, you should contact a Realtor in your area - specifically a Realtor with an ABR designation. Accredited Buyer Representatives primarily assist the home buyer.

You may search for an ABR designated Realtor near you by clicking the following link. They can in turn search the MLS for you for more information about this particular property as well as other REO properties.

http://www.rebac.net

Hope this information was helpful.

Frank Biganski, Realtor ABR
Web Reference:  http://www.mrtownhome.net
0 votes
Guru Toor, , Cupertino, CA
Wed Apr 16, 2008
Seek the assistance of a Real Estate Pro or from a Title company. They could give you information on the title and any clouds and liens. You may thus be able to contact the current owner of the property, could be an individual, one or more, or any entity.
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