RealtyTrac information is generally inaccurate, misleading, outdated, incorrect, and just plain wrong.
You say it's "listed" as a preforeclosure. I'll bet you that, in fact, it's not listed at all. I'll bet you it's not for sale. I'll bet you it's not in the MLS. And I'll bet you the "price" assigned to the property isn't within 30% of the property's true value.
Besides, a "bank property" would not be a "preforeclosure." It would be a foreclosure, or an REO.
So, how do you find foreclosures? Call up a Realtor. Any Realtor will do. Ask for a list of foreclosures. And go ahead--ask about the one you say is "listed" on RealtyTrac. A Realtor will give you accurate, complete information.
Some lenders also list properties on their sites. There are some postings--search for Dan Chase's postings--that provide lists of those individual sites. But those will be foreclosures, not preforeclosures.
So: Call a Realtor and get accurate information for free.
Hope that helps.
If you are looking to buy bank owned properties it is best that you find a licensed realtor who has worked with this type of properties before. They will be able to give you the best advice on this matter.
Exit Realty Search
Licensed Real Estate Salesperson
3928 E. Tremont Avenue
FAX: Â Â 347-202-4966
There are plenty of motivated Sellers with their homes listed on your local MLS. Go find a good Local Mortgage Banker, get prequalified, then find a great, experienced Realtor, and buy the home you want at the price you're willing to pay. It's a Buyer's Market, after all!
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
I agree with the other agents and do not recommend that you use the information that you gathered from Realty Trac. I have dealt with several buyers that was very disappointed and paid to use the site only to find out down the road, that the information was completely misleading. The are great deals for home buyers but you should make your decision based on the correct information.
If you provide the e-mail me the address, I would be glad to provide you with any information that I can obtain regarding the property.
Licensed Real Estate Agent
1408 White Plains Road
Bronx, NY 10462
You might also search out blogs on "Short Sale" using the search feature on this site. Happy Buying!
What is the address of the property? It might be listed on the MLS. I agree with the other agents. Realty Trac does give inaccurate information and has falsely listed properties as foreclosures that are not actually foreclosures.
Keller Williams Realty Group