Mary Davis, Home Buyer in Jacksonville, FL

what is house number?

Asked by Mary Davis, Jacksonville, FL Sun Jan 20, 2013

This question was asked from this property:…

Help the community by answering this question:


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
1 vote Thank Flag Link Sun Jan 20, 2013
Hi Mary,
The information provided is from RealtyTrac that farms the country looking for pre-foreclosure and foreclosed properties. This property although it is indicated to have completed the foreclosure process may not have yet been released by the owning financial institution. Also the price indicated is what the lien holder had is assessed and any future selling price could be higher based on market value. As of today there are not active listings on this street and zip code.

Hope this helps.
Charlie Chorman - REALTOR
Coldwell Banker Vanguard Realty
1 vote Thank Flag Link Sun Jan 20, 2013
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