Many of our real estate investing customers prefer to use our Batch Search tool for skip tracing property owners and addresses. But many of the properties they want to skip trace are owned by Family Trusts or Living Trusts and instead of having a first name and last name for the property owner it will be something like “Smith Family Trust”.
Our Batch Search tool requires a first name and last name so if these family trusts are included in a batch, they won’t return a result. But there still is a way to skip trace these properties by using BellesLink’s Find Person Search and Skip Tracing Search. Both searches will give you current contact information for the people who own or live at the property address. Watch the tutorial video to learn how.
Skip Tracing a Trust
To skip trace a trust use a Find Person Search, a Skip Tracing Search, or both. Use the name that’s included in the name of the trust, e.g. if the name of the trust is “Smith Family Trust”, then use “Smith”. Along with the last name you’ll use the address and zip as the required inputs for the searches.
You May Have to Dig Deeper
It’s likely the first search result will be the original owner of the property. In the case of a family trust, this could be the elderly patriarch or matriarch of the family. This may not be the person you’ll need to talk to about purchasing the house, so look deeper in the search results for the children or grand-children of the original owner.
A Little Trust Pays Off
Trust-owned properties require a little more skip tracing work, it’s true. The benefit is, though, most investors can’t or won’t do it, so there’s less competition for these potentially valuable deals. Other REI skip trace services can’t give you data for trust-owned properties, but BellesLink can.