Property Q&A in Livermore>Question Details

Rrchrisxx, Home Buyer in Livermore, CA

Is this still for sale?

Asked by Rrchrisxx, Livermore, CA Mon May 28, 2012

Any pictures? Cash only I assume?

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This question is about this property: http://www.trulia.com/foreclosure/3072222105--Murrieta-Blvd-…

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Answers

4
Do not be mislead by the price posted in the link that you supplied. That amount has to do with the foreclosure and has no relationship to the price at which the property will be listed when it comes on the market.
Good advice, if you are interested in that community, or in buying anywhere in the area, is to engage a Realtor to help you with properties that fit you criteria and that are actually on the market.
0 votes Thank Flag Link Mon May 28, 2012
Pacita's comment below is spot on. For example, there is one unit at this complex currently for sale for $135,950 for a 1 bedroom. According to the owner of the property, the litigation has been settled. Other one bedroom units in the same complex sold this year were between $64,000 and $87,500.
0 votes Thank Flag Link Mon May 28, 2012
Wait awhile...

After the bank forecloses, the bank will usually engage a realtor to list the properties for sale. Just know that what the price the bank forecloses is usually not the price they will list it for.

But if you can't wait -- why not ask a realtor to help you find similar properties that are actively offered for sale and go from there.

Good luck.
0 votes Thank Flag Link Mon May 28, 2012
This home is not yet showing up on our listing service. It appears to be bank owned. Hard to say when it would be released for sale. These units are cash only right now. I would consider other areas to invest.
0 votes Thank Flag Link Mon May 28, 2012
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