PerryChase – When I look at the county recording information that is accessible from the MLS, when a home is sold both the selling and purchasing parties are listed. So here is an example. I represented buyers who purchased a foreclosure this summer. If you look at the recording information. On 5/10/06 there was Seller called Recontrust and the transfer was not a grant deed. It was Tenancy By Entireties. The buyer was Wells Fargo. Then on 7/10/06 my client purchased the home from Wells Fargo.
Now if you look at the MLS sold information, the foreclosure sale on 5/10/06 was not entered into the MLS because it was not a transaction performed by a Realtor. However the transaction on 7/10/06 was entered into the MLS. Realty Executives represented the Seller and I reprented the buyer. The home was 776 Turtle Point Way in San Marcos.
So to summarize, the county information is always updated whenever title changes hands. However the MLS database is only updated when the transaction is a MLS transaction. Thus if you did a FSBO that would never be seen in the MLS but it would be seen in the Realist printout.
