REPORTS: LIS PENDENS

The Lis Pendens section is a weekly list of updated foreclosure suits that have just been instituted by a plantiff. At times the owner may not even be aware of the foreclosure, as this is typically the first document recorded at the courthouse.

LEARN MORE ABOUT THIS REPORT		   FORECLOSURE REPORTS
1) Lis Pendens
2) Tax Deed Sale Report
3) Weeks At A Glance Report
4) Upcoming Foreclosure Sales
5) Recent Foreclosures Report

USING THE LIS PENDENS REPORT
The Lis Pendens report lists out weekly foreclosure records that have been filed at the courthouse. Typically, this is the first document to be recorded at the courthouse to reflect that a foreclosure suit has been started.

Foreclosure properties at this stage may be pursued, with the exception of satisfying all outstanding lien holders. Lien holders are listed within the comments section of Foreclosure/Disclosure Weekly for easy identification.

Additionally, any other liens discovered through a title search, must be satisfied - even if they were not mentioned in the foreclosure suit.

Realize, each circumstance surrounding the owner's inability to pay the mortgage may be different. Common examples include... a death, loss of job, chronic sickness, etc. So each case may need to be evaluated and approached in a unique manner.

A title search prior to making an offer is always necessary to ensure that all lien holders have been accounted for, notified, and served.

When evaluating a foreclosure reporting service, one of the attributes you should consider is the timeliness of the information. Our weekly distribution of our publication makes sure that you have the information as it happens. Our Lis Pendens report makes sure you get word of foreclosures when the first mention of the suit occurs at the Hillsborough County courthouse.

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