Jeremy Reazor, Real Estate Pro in Temple, PA

I cant find contact info on this Orchard View Dr property for 199,000 and i would like to make appointment

Asked by Jeremy Reazor, Temple, PA Wed Aug 26, 2009

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This question is about this property: http://www.trulia.com/foreclosure/2006097690--Orchard-View-D…

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Jeremy:

This is the usual REALTY TRAC bait and switch - there IS no Orchard View property available for $199,000 - the property I believe they're referencing is 116 Orchard View Dr in Douglassville, which went to REO sale in May 2009 for $349,000 (if you check out the property stats, you'll see that that property fits the description.) The owner owed over $300,000 on it to his lender but had spent $549,00 on it and tried for 18 months to sell it in the $400,000's - then it went to REO sale and sold in 8 days!

They just want people to register on their website and pay subscription fees - in fact, they even say that the property price they talk about is their ESTIMATED idea of where it might have sold for - which is clearly rubbish, since the comparables in Woods Edge development in Douglassville don't support that price, no matter WHAT kind of state a 4,332 sq. ft. home might be in!!

Unless it's listed on TREND, these RealtyTrac listings don't even exist, because any lender would also have the property listed with an agent in order to get as much exposure as possible to try and sell the property...!!
0 votes Thank Flag Link Wed Aug 26, 2009
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