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Mountains vs a molehill...

Posted by Ward-CA- on August 27, 2010 at 12:38 AM

In Reply to: Re: judicial foreclosure question posted by Kristine-CA on August 27, 2010 at 9:47 AM


Kristine,

Sorry to contradict your assumption that the best place to start your hunt for judicial foreclosures is in a courthouse. It sounds logical, but going that route is a lot more tedious than beginning your hunt at the recorder's office. The reasons are many, but here is the main one:

1. While there's only one county recorder's record in each county, there can be multiple judicial districts in a county...each one having their own voluminous case files/databases that you’d need to research through for each Superior Court (Santa Barbara County has four civil courts). And there’s no sort tag that identifies which particular lis pendens is involved in a judicial foreclosure without opening each one!

As a contrast, in the Santa Barbara Recorder’s office, you can simply sort on their computer through their entire database for a specific document type for a specific time period. For example, you can sort for all recorded Notices of Levy (which is unique marker for a judicial foreclosure proceeding) for the last 3 months.

--------------------Ward

========================


I'm in SB County and am not aware that of any area has more judicial sales than others. Partnerships don't inherently require a judicial foreclosure....wonder if you can clarify you thinking on this.

Judicial foreclosures will be listed in the adjudicated papers. The place to look for judicial foreclosure leads wouldn't be the recorders office, but rather the courts. But even then, you'd be looking through a mountain of lis pendens to figure out which ones involved a judicial foreclosure.

If I'm missing something about judicial foreclosures happening under my nose, please help me out!



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