Wesley_IHB
New member
Any idea?
Wesley said:Any idea?
IrvineRealtor said:Wesley said:Any idea?
By default, it is included. There is an "opt-out" section at the bottom of the MLS-entry interface where the broker may hide these data from the ancillary sites.
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IrvineRealtor - Would you please tell us how some folks are able to keep the sales price of their home from view on the public records?Geotpf said:Shouldn't be possible, since all of that is public record. Square footage (finished and unfinished space), number of bedrooms, number of bathrooms, sale date, sale prices are all available from public tax records (although sometime incorrect info pops up).
I am fairly certain than putting ownership of a home or other property in a trust is not limited to wealthy people, and although showing a trust as the owner hides the name of the owner, putting ownership in a trust does not hide the sales price or any other information on public record.bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
awgee said:I am fairly certain than putting ownership of a home or other property in a trust is not limited to wealthy people, and although showing a trust as the owner hides the name of the owner, putting ownership in a trust does not hide the sales price or any other information on public record.bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
But anyone with a half a brain can figure it out by looking at the tax assesor's value on the following year's tax roll. If it is an MLS listing, I believe the listing agent is required to disclose what the sales price is.RoLar_USC said:awgee said:I am fairly certain than putting ownership of a home or other property in a trust is not limited to wealthy people, and although showing a trust as the owner hides the name of the owner, putting ownership in a trust does not hide the sales price or any other information on public record.bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
Nope, only the wealthy...
During escrow, or probably even after, you call Title and ask them to white out the doc stamps. While you're in escrow on a home, ask your escrow or title company how and they will tell you. Purchase prices are definitely able to be hidden from public records.
bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
Geotpf said:bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
That might hide the name of the actual owner of the propetry (unless one tracks down the ownership of the trust), but the purchase price should still be public record. Can you give an example of a property with the purchase price being hidden?
awgee said:Geotpf said:bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
That might hide the name of the actual owner of the propetry (unless one tracks down the ownership of the trust), but the purchase price should still be public record. Can you give an example of a property with the purchase price being hidden?
How does one track down the ownership of a trust? I am not being confrontational. I would really like to know how one does this.
awgee said:Geotpf said:bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
That might hide the name of the actual owner of the propetry (unless one tracks down the ownership of the trust), but the purchase price should still be public record. Can you give an example of a property with the purchase price being hidden?
How does one track down the ownership of a trust? I am not being confrontational. I would really like to know how one does this.
Nude said:awgee said:Geotpf said:bkshopr said:The wealthiest residents of OC their home info is all private. Ownership is assigned to a trust. Not even Zillow put a value on their residence. Don't even bother to google it because it was paid to to be hidden.
That might hide the name of the actual owner of the propetry (unless one tracks down the ownership of the trust), but the purchase price should still be public record. Can you give an example of a property with the purchase price being hidden?
How does one track down the ownership of a trust? I am not being confrontational. I would really like to know how one does this.
Well, it's a legal entity so it had to be recorded somewhere. In California, it would be recorded at the county level, but other states may be different. However, I could create a trust here in King County, WA and use it to rent a business office (or P.O.Box in Santa Ana), then use that address for mail and records when the trust buys a home in Shady Canyon. The odds of you tracking that back to me without knowing me are so small that they aren't worth talking about.
Yes, you can set up a title holding trust or you can transfer the property to a family or revocable trust.traceimage said:Graph, is there a way to do a trust after the fact? Like if you already own the home, but want to make the info private?
USCTrojanCPA said:Yes, you can set up a title holding trust or you can transfer the property to a family or revocable trust.traceimage said:Graph, is there a way to do a trust after the fact? Like if you already own the home, but want to make the info private?