BEST ANSWER
FIRST ANSWER
Sarioko,
According to the tax records a notice of default (NOD) has been recorded on the property as of 4/15/09. There is not any indication of an upcoming auction, nor is it on the market as a short sale at this time. If the bank/lender ends up forclosing, it will be a while before it is placed on the market for sale. (The original loan balance was $479,000.00 and the deficiency amount on file is $18,521.00)
Have you agent keep an eye on the area if you are interested in that property.
Kind Regards,
Marcie Sands, REALTOR
Simply The Best Real Estate Company, Inc.
Rancho Bernardo
760-644-1562
Sat May 16 2009, 14:57