BEST ANSWER
FIRST ANSWER
Hi Smove715,
According to available records, the home had been turned over to an asset management company for foreclosure, and on 9/14 they transferred the trust deed to Fannie Mae. So it is now a bank owned property, but it may be a while before it becomes listed for sale.
I'd also add that wherever you may have seen a listing on this property, the information isn't always correct. Most foreclosure listing 'services' take raw data from public records. I've had many calls about bank owned properties that listed a ridiculously low price, particularly where an asset management company was involved in the transaction. What may be listed as 'price' can often be the fees paid for the management company's foreclosure services that are listed when transferring the deed back to the note holder, NOT the sales price of the home.
If you want accurate up-to-date information about what is actually listed and the correct price, simply go to a REALTOR® for the local MLS. It can save a lot of time chasing internet listings that either aren't for sale or shown at a price that may not be anywhere near reality. Best of all it's a free service that delivers them and any newly added, direct to your email inbox.
Hope that helps, and any other questions just get in touch.
Best,
Roberta
Fri Sep 25 2009, 11:37