this is a foreclosure but it hasn't gone up for sale yet. How can I get information on its availability?

Sally Hanson
Other/Just Looking
Ponte Vedra Beach, FL

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This question is about this property: http://www.trulia.com/homes/Florida/Jacksonville/sold/191814…

Answers (2)
Cathy Sloan
Agent
32223

Sally

This property was scheduled for public sale/auction on Sept. 29th at 11AM. If it was purchased by an REO company it can be several weeks or months before it will appear in MLS for sale as a foreclosure. If an individual investor won the bid, the home could go on the rental market. Time will tell. It will take several weeks before the sale will be recorded in public records.

If you are truly interested, I suggest you conact a local Realtor to monitor the activity on this property and advise you as soon as it is assigned to be listed for sale.

Sat Oct 11 2008, 18:37
Jorge Nunez, 20...
Real Estate Pro
Jacksonville, FL
FIRST ANSWER

Hello Sally

I am Jorge Nuñez, Realtor with EXiT Real Estate Gallery here in Jacksonville FL.

As you may already know not all homes that go into default processed all the way through foreclosure. Many homes, like this one you asked about, sell before the notice of default is finalized. Like you, many home buyers and investors are attracted to short sales and foreclosures because they want to buy a home for less than market value. Sometimes sellers in default and buyers who want a short sale or foreclosure can seat toguether and enter into a profitable transaction for both parties. Notice please that I said sometimes. Distressed home sales are complicated and time consuming; both sellers and buyers should at the very least seek legal advice before entering into such a contract. Please hire a Realtor.

Always remember that Jacksonville is a fast growing city, therefore, what ever you do, make sure you request a Case Study and Analysis from your Realtor on the property before you commit to a contract. Again, this is crucial.

At EXiT Real Estate Gallery we have in house representatives that will as a team come up with the correct answers you must have before buying or selling a home. For intelligent buyer’s this is a must.

Want to schedule your Private Open House on a property you liked? Call me direct at 904 945 2144.

For your convenience we speak Arabic, Chinese, French, German, Korean, Pilipino and Spanish.

Jorge Nuñez, Realtor
http://www.housesapartmentsandcondos.com

Sat Oct 11 2008, 15:31

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