Property Q&A in Lomita>Question Details

Akira Kuriha…, Home Buyer in Rancho Palos Verdes,...

Could you tell me about the house, what number of the address and whom I can contact to purchase? Thanks, Akira kurihara

Asked by Akira Kurihara, Rancho Palos Verdes, CA Thu Oct 15, 2009

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This question is about this property: http://www.trulia.com/foreclosure/2007071437--255th-St-Lomit…

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3
Akira:

As I have said before, unfortunately, when you look at foreclosure "listings" on Trulia, you are not really looking at listings. You are looking at information extracted by RealtyTrac from public records. And, the problem with this is that RealtyTrac is often totally WRONG, and almost always totally MISLEADING. I have access to a paid service that keeps me up to date on foreclosures. Currently, in this area of 255th St, there are NO bank owned single family homes. There are two pending foreclosures, with sale dates set for early November 2009.

If you are looking for great deals in the South Bay, RealtyTrac is not the way to find them. All that will happen is you will become totally frustrated thinking you can get something that is "too good to be true". Your best bet, as the other agents have recommended is to work with a great Realtor who will stay on top of the current MLS inventory for you. You might also want to interview agents to see who "thinks outside the box" and may have ideas on how to find you a great home that is not currently on the market. Dare to Dream.

Shel-lee Davis
Your Real Estate Consultant For Life
RE/MAX Palos Verdes Realty
http://shel-lee.listingbook.com
0 votes Thank Flag Link Sat Oct 17, 2009
Akira,

Rebecca is correct. You need to find a local realtor that will take care of you. You should interview a couple of agents and see who you think will be the right fit for you.

Trulia is a good resource for lots of real estate information. But for finding a home for sale, you want to use a local real estate expert and have access to the local MLS. Feel free to search the MLS for free at http://www.NHLBrokers.com or I can set up an automated search for you and you will be emailed when new homes are available.

Michael Magaw
310.259.6850
M@NHLBrokers.com
Web Reference: http://www.NHLBrokers.com
0 votes Thank Flag Link Fri Oct 16, 2009
That property is not yet on the market. The bank owns it, but they go through a process of listing with a Realtor, exactly as a seller does.

The best thing to do is to find a great local Realtor to work with so that you will be the first to know when properties that would work for you hit the market...both bank owned and standard sales.
0 votes Thank Flag Link Thu Oct 15, 2009
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