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FIRST ANSWER
Hi Amy,
Let me start by telling you that the info on Realty Trac is not always updated or accurate. We have access to pre foreclosures (NOD) as well as foreclosures and short sales. The way it works is we contact the owner to see if they are interested in working through a short sale to help them out of their situation. Most sellers are happy to hear they have another option other than foreclosure, especially when it a qualified buyer. We can find more info for you on the property if you send us an email with the address and info needed. We have had a deal go through just days before the auction was set. Banks rather settle for a sure thing than auctioning off at the court house steps. Once it gets to the auction, it is only available to all cash offers...which limits the number of qualifiying buyers even further.
You can find out more about us at http://www.myLARealEstateGroup.com
Good Luck to you
Lou & Alex
LA Real Estate Group
info@myLARealEstateGroup.com
http://www.myLARealEstateGroup.com
Sat Apr 12 2008, 23:35