If you are seeking the lender details following foreclosures, it sounds like you are seeking REO's. I think your best opportunity to get into the loop would be to partner with an REO specialist in your area. They exist. Lenders don't like holding real estate inventory. They do like partnering with agents who can sell them. Generally, lenders will use the same agent or group of agents in a particular area. Find a few of them and get on their email lists.

I've closed real estate and mortgage transactions in several states across the country and nearly every county in California. I have yet to encounter a county recorder's website whose database is accurate in real time. They lag by several weeks. Partnering with an agent on the inside is probably going to be your easiest and most consistent solution.

As a real estate investor you could also consider getting into the short sale game. Lenders send out Notices of Default (NOD's) to customers who become 90 days (or more) delinquent. When they send a NOD, they also record a lis pendens with the county. This signifies to potential buyers that there are issues with title. You could start scouring county records for these...

Actually the County records are current, but many times they are not updated on the web sites. Realtors have access through their associates on the documents that might not show in the public areas. All of the information is public record, it just has to do weather or not the recordings are updated. As the other agent indicated what type of information are you looking for?

Usually the bank information is available on the assessors information, the reason they are not up for sale as soon as they are foreclosed on could be for many reasons. First they need to be assigned, then sometimes people need to be evicted, there needs to be BPO's and Appraisals. Depending on the conditions on possible title problems there is time before it is put on the market. Let us know what type of information you need and possible we can better explain or provide you with more help.

Diana Margala 909-945-5763

Hello. What kind of information are you interested in? You said you want status info of REO properties and I am not sure to which status you are referring.to. Do you want to know whether the property has already been foreclosed, is an active or pending listing or perhaps which bank owns it? Let us know what information you are looking for and we can probably give you a better answer. There is a lot of information that private individuals can get, but many times real estate agents have quicker access to current info.