BEST ANSWER
Hi Laura - my sources do show that this home reverted back to the lender on December 17th. Stephen is correct in saying that RMLS says it was sold at auction - however that info was input on RMLS by the listing agent. The house did indeed go to auction on December 17th - but apparently there were no bidders so it went back to the bank. And that happened recently enough that the property tax records aren't even updated to show the bank as being the owner yet. Once they get to the point where the ownership is transferred - they will likely send the house to whatever Asset Management Company handles their listings for them and you will see it come up for sale again. If you are interested in this property - I could track down the Trustee that handled the sale to see what the status is and who we need to contact about the possibility of purchasing it before it hits the open market.
Let me know if you'd like me to track that down and/or how I can help.
Kelly Gebler
Real Estate Broker & Residential/Commercial Loan Officer
Commonwealth Group & Sunset Mortgage Co.
Ph: 503-516-1637
Email: LetUsGuideYouHome@comcast.net
Sat Dec 27 2008, 17:45