After reviewing the history of this home it indicates that the home expired from the market on October 7, 2009. This house is not owned by the bank, it is seller owned. I'm not sure where you received information that it is a foreclosure. It was listed as a short sale and there is a difference between a short sale and a foreclosure. A short sale indicates that the owner of the home owes more on the property then the market value therefore they are selling however the bank has to approve the amount they accept in order to provide clear title to the new buyer. Not all short sales evolve into a foreclosure. Some sellers decide to wait until the market will provide them with a market value that matches or exceeds their mortgage balance.
As this home did just expire it may or may not come back onto the market. Are you searching specifically for foreclosures or are you looking in that particular area? If you would like some guidance please feel free to contact me.
Jennifer Daywalt, Realtor
Re/Max Results Realty - Collegeville
Top Agent 2004 2005, 2006, 2007, 2008
Author of "Ask The Realtor" Column in The Saturday Edition of The Phoenix Newspaper
Licensed since 2001 in PA
610-489-7355 Main Office
610-999-7693 Direct Line
If you'd like, however, I would be happy to reach out to the owner and inquire as to their continued interest in selling their home.
Would you kindly call me at (610) 324-5240 or send me an email at Judy@JudysFineHomes.com and I will get right on that for you.
I look forward to hearing from you...and to the opportunity to earn your business.
Judy May, Esquire, REALTOR
"A Refreshingly Different Real Estate Experience"
CENTURY 21 Alliance
2828 Audubon Village Dr
Audubon PA 19403
O: (610) 666-0202 x. 226
C: (610) 324-5240 (preferred)
F: (610) 666-1942
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