Property Q&A in Bay Point>Question Details

Dgoode4u2, Home Buyer in Bay Point, CA

I how can I buy this foreclosure

Asked by Dgoode4u2, Bay Point, CA Mon Jun 20, 2011

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This question is about this property: http://www.trulia.com/foreclosure/3044967399--Manuel-Ct-Bay-…

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Answers

4
This house may or may not actually be for sale. You should contact a Realtor who can tell you which homes are available in the area you are interested in.

Craig Lawler, REALTOR
0 votes Thank Flag Link Thu Jun 23, 2011
I think your best bet is to find a qualified Realtor and they will guide through this market-we have access to all
foreclosures as soon as they hit the market along with valuable information for a smooth transaction.
0 votes Thank Flag Link Mon Jun 20, 2011
Please note that not all the properties you see on Realty Trac are for sale or will even be put on sale. Many of these properties have homeowners who are struggling to KEEP their homes through loan modification, etc. The ones that are eventually foreclosed are normally listed through a realtor who will post these properties on the MLS where other agents can find them for their buyers.

Rather than seaching on Realty Trac, your best bet may be to engage a realtor who can help you locate homes that ARE actively offered for sale, who can research information about the property, guide you through the buying process be this a regular, short sale or foreclosure.

If you are intent on buying a house at an auction at the county court house steps, then find the time to observe how it's done. If you haven't done this before, you may find yourself at a severe disadvantage, competing with seasoned investors/buyers.

If you can't go in person, then check out youtube and look for videos on county courthouse auction of real estate property to get an idea.

Good luck!
0 votes Thank Flag Link Mon Jun 20, 2011
My advise would be to get your self a quality Realtor who can help you find the right loan and let you know what is on the market right now in your price range. When the bank releases it for sale it will be on the MLS for all the buyers to see. For buyers of individual homes there is no short cut to the bank around the open market for a "discount." There is a bulk market in foreclosed homes.

You can search all the homes currently on the market at the attached link.
0 votes Thank Flag Link Mon Jun 20, 2011
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