Grandpa, let go find some puddles!

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule

Store

Foreclosure Fundamentals

Code References

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

70+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

About Us

Home

 

BBBOnLine Reliability Seal

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

Re: Alternate APN

Posted by Rick, the Probate Guy on February 24, 2011 at 2:52 PM

In Reply to: Alternate APN posted by 427 on February 24, 2011 at 1:48 PM

It just so happens that one legal parcel can also have two APN's.

I have one large parcel that fits this scenario. It does not fit onto one map page and consequently require two parcel numbers. When I was in escrow, I had some difficulty getting my arms around the fact that two APN's does not necessarily mean two separate legal parcels.

I also have land that I once made a loan on, foreclosed and notice that I actually have two legal lots with three APN's, all having one address.

Lesson for me: an APN is only for the benefit of tyhe tax assessor/collector and does not always denote legal parcels.

Which led me to an interesting read: "Owner Unknown - Your Guide to Real Estate Treasure Hunting" by J D Segal. Hard to find (and may be out of print) but outlines properties which have fallen through the tax collectors' cracks.



Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455