Profile picture for user5905651

property info

who is the lender on 1026 walnut shade rd19934
  • September 23 2013 - Magnolia
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Answers (2)

Profile picture for MountJuliet
Your question is asked under the heading of Buying a Foreclosure and is somewhat vague.  Tricia answered based on the thought you need a loan to purchase the property but I'll answer based on the idea the property is in active foreclosure and how you can find out who the lender is on the current loan on the property.

The Register of Deeds at the local county seat will have a recorded document that will list information about the property.  In Tennessee, it states with a Deed of Trust but can be subsequently changed with other filings.  Most clerks will be very helpful in your search if you take them the map and parcel.  It should be somewhat easy to find the information you require.  Do remember that if the foreclosure sale has not happened, going directly to the lender is a waste of time because only the owner of record can sell you the property.  The owner of the mortgage only has the right to foreclose and only after the foreclosure sale do they own the property and only at that time, they sell you or anyone else the property generally at a fair market value.

Best,

Bob Sorey
  • November 02 2014
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Lenders are not property specific.  You can use any lender you would like to purchase any property as long as they offer the loan program that you need.
  • November 02 2014
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