Foreclosure in 34997>Question Details

jonwright85, Home Buyer in Stuart, FL

how does it work? i see listings for $1,000. can i pay cash for it and walk away with it paid off?

Asked by jonwright85, Stuart, FL Thu Aug 14, 2014

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Annette Lawrence’s answer
If it is a LISTING at $1,000 (you will find it is not) then yep, you have the opportunity to buy it for $1,000....providing you meet all the associated criteria. That all the fine print you did not see or have elected not to share with us.

It is highly likely you observed this on Trulia. It is a advertisement of deception. You already know "If it's too good to be true...." and this is no exception.

If you are serious about making a real estate purchase you should rely on serious tools. Real estate data appearing on Trulia and Zillow are for entertainment purposes for the sole purpose of selling advertising to real estate agents. If you are serious, promote yourself to serious tools such as REMAX.com or Realtor.com or ANY real estate professional website. Better still, pick up the phone and CALL a REALTOR to get plugged into the real database.

Best of success
Annette Lawrence, Broker/Associate
727.420.4041
http://www.trulia.com/blog/AnnetteLawrence/2014/08/market_in…
0 votes Thank Flag Link Wed Aug 20, 2014
I doubt that you are looking at the asking price for these foreclosures. This may be an indication of what one of the liens is on the property. If you're interested in bank owned properties, I recommend you contact a Realtor or a Real Estate attorney for assistance.
0 votes Thank Flag Link Wed Aug 20, 2014
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