Property Q&A in Apollo Beach>Question Details

wksswh, Both Buyer and Seller in Apollo Beach, FL

Is this property going for the price of $1000 or is this a misprint? What is the asking price if it is a misprint?

Asked by wksswh, Apollo Beach, FL Sun Mar 25, 2012

Looking to buy asap

This question is about this property:…

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2989 feet under air, let's see - what $ 0.30 a foot in a $50.00 world. Yes maybe something is wrong. This is Realty Trac, they want you to buy their service to look at "listings" like this.

Please go get a Realtor to help you through these minefields. Should cost you nothing to buy a home, and just might save you a lot.

1 vote Thank Flag Link Sun Mar 25, 2012
When banks foreclose on homes, they list them with a Realtor who puts them in the Mulitple Listing Service. Realty Trac does not have any "secret information" don't pay them! Find a good agent who will help you,
one who knows the area. The seller (in this case the bank) pays your agent commission for the sale, so you get their service for free! how cool is that?
This home is currently listed for $194,900 and has been on the market for 64 days. I would be happy to show it to you. I work in Apollo Beach and specialize in waterfront properties. Just call me at (813) 390-7606 and I will be happy to set up a showing.
0 votes Thank Flag Link Mon Mar 26, 2012
This appears to be the RealtyTrac listing that shows the public record foreclosure transaction at the courthouse. The $1k value means no one was willing to pay the required price at the foreclosure auction so it went back to the lender. They didn't actually "buy it" for $1k, they got it back. They were probably owed well above $300k and the borrower that defaulted.

If you're not yet working with a Realtor and you would like to search actual properties that are available to buy (including bank owned bargains), you're welcome to sign up for a ListingBook account on my website:

Alll the best,
Alma Rose Kee, PA
Future Home Realty
0 votes Thank Flag Link Mon Mar 26, 2012
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