Searching NODs as potential renter

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Submitted by triakis66 on December 29, 2009 - 3:35pm

Am current renter who's been looking to buy but disappointed with how slowly market has moved. Having another kid, so need to move to bigger place, from condo to house. Want to make sure that any house I rent is in good standing with the bank before switching--what's best way to check? From Tenants Legal Center, went to following link where you can look up grantor/grantee transactions by person's name:

http://arcc.co.san-diego.ca.us/services/...

But since this isn't property-based search, I'm worried this isn't best/easiest/most comprehensive place to look. Any other thoughts/suggestions?

Thanks in advance!

Submitted by creechrr on December 29, 2009 - 7:34pm.

You could also check the County Tax Assessor's web site to see if the "owner" is current on property taxes. That could be an indicator of the financial health of the property.

Submitted by squat300 on December 30, 2009 - 12:19am.

how do you do this in riverside?

Submitted by recordsclerk on December 30, 2009 - 9:59am.

I've noticed that the majority of homes going to trustee's sales are current on their taxes.

Submitted by creechrr on December 30, 2009 - 3:04pm.

recordsclerk wrote:
I've noticed that the majority of homes going to trustee's sales are current on their taxes.

Hmmm...

That seems to be counterintuitive. So, the property taxes are being paid but, not the mortgage?

Maybe someone can shed some light on this.

Submitted by sdrealtor on December 30, 2009 - 6:03pm.

Many loans have impound accounts for taxes/insurance and the lender pays the taxes whether the borrower is paying their mortgage or not.

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