Search Parameters – Real Property
There are foundational details that you have to understand when carrying out records inquiries. This section examines the kind of details that can be found in Real Property.
Real property is the most accurately documented of all assets. These records are available at the county level from the County Recorder’s Office or a similar office dedicated to dealing with the deed registration. Real property details are listed by the property owner’s name, but usually cross-indexed by the address of the property.
The data files contain property jurisdictions, location, deeds of trust, liens, and details about the latest transactions like a mortgage company, title company, and lawyers associated with these transactions. Whenever investigating any property, you will need to find quit claim deeds, since these are usually submitted if a section of the property is moved to a relative or friend to be concealed. In this kind of an investigation, it will be useful to find out the wife’s maiden name, since the property is frequently moved to in-laws as a way of concealing a significant asset like property.
The market value of real estate is not simple to figure out from tax evaluations or mortgage balances. Meeting with a real estate broker can help to ascertain the real market value of the real estate involved.
Our next installment will offer search advice for Motor Vehicles.