Fongpi, Home Buyer in

When do the names of the buyers and their purchasing prices become publicly available for new condo developments?

Asked by Fongpi, Mon Sep 10, 2012

And is there any way to withhold this information?

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Answers

6
Jed Lane, Agent, Petaluma, CA
Fri Sep 14, 2012
Property ownership is public record. Right before escrow closes the title/escrow company records the name of the owner with the county recorders office. The "chain of title" can usually be traced back to the first owner.
0 votes
Susan Baghda…, Agent, Uxbridge, MA
Mon Sep 10, 2012
When transaction closes and recorded, it becomes a public record.
0 votes
Jim Simms, Mortgage Broker Or Lender, Louisville, KY
Mon Sep 10, 2012
Are we a little paranoid about something?

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes
Oggi Kashi, Agent, San Francisco, CA
Mon Sep 10, 2012
The records are public and available a few weeks after close of escrow. No, you can not withhold the info however, you may mask the owner's name by purchasing as a trust or LLC. Of course you would need to set that up before going into contract.
0 votes
My NC Homes…, Agent, Chapel Hill, NC
Mon Sep 10, 2012
These will be posted in the county tax records and there's no way to withhold this information. Typically these records are updated one a year, though some counties may process things more quickly. Certainly by January 1 of 2013 they will be available to the public online if they look. There are sites on the Internet (Zaba Search is one) that allow anyone interested to find out a tremendous amount about each of us. I'm not particularly a fan of having so much information public but I guess that's part of living in today's world.
0 votes
Michael Cheng, Agent, San Jose, CA
Mon Sep 10, 2012
Depending on the phase of the condo development, you should expect to see the public records on the buyer names and purchase prices in about 45-60 days after the close. If you would like to withhold that information, you can choose not to record the transaction within public records. But, you would need to pay all cash to have that option.
Web Reference:  http://www.archershomes.com
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