Julia136, Home Buyer in Sierra Gardens, Rose...

Why are addresses not shown for some foreclosures?

Asked by Julia136, Sierra Gardens, Roseville, CA Sun Jul 1, 2012

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If you see the "listing" provided by Realty Trac or Foreclosure Radar consider it an ad for their services. If you subscribe to them you will get the addresses.

Some "pre-foreclosures" are already listed as short sales on the MLS and may be pending sales, even though they have a notice of default. Others may never get foreclosed on or may be bought at the trustee sale. Some are in the "pre foreclosure" state for a year or more. The "prices" you see have nothing to do with market value and are most often the amount in default and are no reflection of a for sale price.

My advice, just skip over them, unless you intend to buy at Trustee sale, then subscribe to the services.

Best place to search for homes truly active on the market is Metrolistmls.com you will see most of the properties available with the exception of a few for sale by owners or ones listed with agents that don't belong to Metrolist, 2nd choice for searches would be Realtor.com their feed comes directly from the MLS.
1 vote Thank Flag Link Mon Jul 2, 2012
Some of the properties you find on Trulia originate from foreclosure.com and they don't disclose the address because they want you to sign up for their service. Trulia is a great site, but probably not the best place to get an accurate picture of properties actually for sale.
1 vote Thank Flag Link Sun Jul 1, 2012
Ute Ferdig -…, Real Estate Pro in New Castle, DE
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If the address is not shown, then it is not for sale. Teri gave the best answer.
0 votes Thank Flag Link Mon Jul 2, 2012
Jim Walker, Real Estate Pro in Carmichael, CA
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All of the pre-foreclosures are potential future listings. When a homeowner is 90 days delinquent a Notice of Default is filed which is an essential part of the foreclosure process. Eventually most of these homes end up as short sales or foreclosures. A Notice of Default is a public record which triggers sites like Trulia to list this information so buyers are aware of potential future listing. Unless the owner satisfies their delinquency the home will eventually come onto the market. Most Realtors like myself have access to the Notice of Default filings which we use as part of our day to day business. This is a service that we must pay for.
0 votes Thank Flag Link Sun Jul 1, 2012
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