Can a realtor find out?

Question

Does a realtor have access to financial information like how much of a downpayment was put down on a home? Is that part of "looking up title" or any other accessible info?

Answer 1

Possibly. The MLS information that I have access to shows the amount of the first- and second-trust for purchasing a home ... so those numbers minus the purchase price equals the down payment in most cases. I'm not sure, though, what relevance the amount of the down payment has on anything and why anyone would really care about that. In my mind, the important number is the purchase price ... and that's normally shown in the public record or tax assessment information.

Answer 2

A realtor can find out the public information about a home owner and what they mortgaged on the home. But it is not always published...so it depends. As a realtor, I have access to information on any home that was sold or bought through a realtor or a real estate company.
So yes, we can determine how much the downpayment was if we know how much the mortgage was. We will always know how much the home sold for as well if it was posted in our Multiple Listing info.

Answer 3

A real estate agent has no more or no less access to such information than does any other person. The information available to a real estate agent is that of public record in the local land office. The sale price of any property is normally public information, as well as is the amount of the original mortgage taken against the property. With those two pieces of information, it's extremely easy to make a well educated guess as to the value of any downpayment.

Answer 4

Once a property has filed at the county courthouse and the transaction has closed, the new owner's name, sale amount, and loan amount get recorded (to name just a few). Additionally, any seller concessions could be identified in the MLS info.

Answer 5

Yes they have acces to all financial info, everything is public
and if not, they add, substract and come with the info.