Property Q&A in Crestview>Question Details

yuconpam, Other/Just Looking in Crestview, FL

is the price of foreclosure on this home 13,183?

Asked by yuconpam, Crestview, FL Fri Jan 18, 2013

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This question was asked from this property: http://www.trulia.com/foreclosure/3095679585--Swaying-Pine-C…

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Answers

2
I agree with the last post. Trulia strikes again. Too much information without any accuracy.
0 votes Thank Flag Link Sat Jan 19, 2013
Realty Trac strikes again:
Look at the posting for that home again and find the logo for Realty Trac (black and red). Most times when you see that logo on any listing it means the price you see is NOT a sale price, and the home is probably not for sale as of yet. It is just a posting of what the Bank/Lender had to pay the courts to document regaining custody of the home when they foreclosed on it (transfer value); and/or an announcement that the foreclosure process has just begun (Lis Pendens). Next that Bank/Lender will take several months to put the property on the market at "Market Value for the specific community" and it will be listed/advertised as a Foreclosure or an REO. Was this answer helpful? If so please click on the "thumbs up" above.

Tony Vega
La Rosa Realty
0 votes Thank Flag Link Sat Jan 19, 2013
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