Where are they getting their information? From a public tracking site like Realtytrac? I often get contacted by potential buyers who found a pre-foreclosure on a site like Realtytrac which shows a home in lis pendens or pre-foreclosure. I explain to them exactly what lis pendens or NOD means and that the home may not actually be for sale but that the owners simply defaulted on their mortgage.
Hope that answers your question.
Gina Chirico, Sales Associate
973-575-6353 ext 17 office