Foreclosure in Oildale>Question Details

January Jones, Renter in Oildale, Bakersfield,...

how do i go about purchasing a house like this ? i mean is 2,927.00 the total buying price?

Asked by January Jones, Oildale, Bakersfield, CA Wed May 12, 2010

Help the community by answering this question:

Answers

3
Anna Brocco’s answer
Not sure where you saw the information--but--If you are looking at a RealtyTrac listing(s), keep in mind that some of the information is inaccurate and often misleading--some of the properties may have a lis pendens--notice of default--and if so, some may not be for sale yet, and some may never be if the owner satisfies the default--for the most accurate and up to date information, consult with your agent--if they are available, he/she would know or could find out.
0 votes Thank Flag Link Sun May 16, 2010
you have to forget every single foreclosure on trulia. They are all realtytrack listings. Those listings are BOGUS.

Go to http://www.realtor.com and search for foreclosures OR ask a local realtor to help you.

Any time you see a listing that says sign up for a free trial you are being taken. The foreclosures really for sale are listed free and any realtor can see them and send you those that fit your needs.
0 votes Thank Flag Link Sat May 15, 2010
Hello January,

We don't see any property referenced, but would assume that you are referring to one of the pre-foreclosure listings. If that is correct, then the amount listed for these is usually the amount that the owner is in default - the asking price would be considerably higher when the home is actually listed for sale.

As far as the costs involved in the purchase of a home... If you are obtaining FHA financing, you would have your 3.5% down payment, any closing costs that we can not get the seller to pay and the costs of your appraisal and inspections.

Hope that helps some.

Thank you,

Robert and Dawn
0 votes Thank Flag Link Sat May 15, 2010
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer