Home Buying in 93551>Question Details

dmontes86, Home Buyer in Palmdale, CA

Is this property short sale or foreclosed?

Asked by dmontes86, Palmdale, CA Fri Apr 19, 2013

http://www.trulia.com/property/3107001712-6151-Hickory-St-Pa… ive been interested in this property, anyone have any info on this, What would be a good offer on this. I just got approved by chase, so now would like this property or something similar.

Help the community by answering this question:


There is a short sale disclosure which allows offers to be submitted as back up offers even though they are in escrow and the transaction is pending.
0 votes Thank Flag Link Thu Mar 20, 2014
Actually this property has been pending since January 11, 2013. Yes it is a short sale, but it is in escrow which makes it unavailable to see or make an offer on. The asking price was 250k and in the current market it is very difficult to get an offer accepted. Every home, every deal is very different and you must find a educated agent that you trust and can help you find what you need. Patience is what you are going to have to have.
0 votes Thank Flag Link Sun Apr 21, 2013
This listing is a short sale. It's a good idea to speak with the listing agent or a local realtor who can provide a list of comparable homes in the area. This will be used to determine a good offer price.

If you'd like to start with some research on your own, take a look at recently sold homes in the area with similar property stats (sq ft, acreage, location, etc) to get an idea of the value range for this home. Any realtor should be open to meeting with you to discuss offer strategies. Good luck with your home search!
0 votes Thank Flag Link Fri Apr 19, 2013
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