Real Estate Investing Forums

Real Estate Investing => Foreclosures, Short Sales, Tax Foreclosures => Topic started by: 911loan on September 03, 2012, 12:12:54 pm

Title: Is there anyway to distinguish between residential and commercial foreclosures
Post by: 911loan on September 03, 2012, 12:12:54 pm
Is there anyway  to distinguish between residential and commercial foreclosures when searching though county court  records?

Thanks Thomas
Title: Re: Is there anyway to distinguish between residential and commercial foreclosures
Post by: emilysmith834 on October 09, 2012, 01:44:34 pm
Yes, there is a way to distinguish between residential and commercial foreclosure. Just know the laws in your country about the issue.
Title: Re: Is there anyway to distinguish between residential and commercial foreclosures
Post by: ForeclosureHomesonSale on October 10, 2012, 07:46:05 am
Thomas, if you go to the courts and look through the foreclosure records there will be a legal address and usually they put the real address, too.  That is when you can find out if it is commercial or residential.
Also, when you are there in the room looking up the properties there should be some type of sheet showing you how to read and explain what their terms mean. 
Also, don't be afraid to ask.  Many people are doing the same thing that you are doing.
Title: Re: Is there anyway to distinguish between residential and commercial foreclosures
Post by: heartlandbuyshouses on May 10, 2018, 03:53:39 am
Commercial foreclosures usually include an additional process whereby the landlord can, through the judicial appointment of an independant receiver, take charge of the property, manage it and collect the rents produced by the property.