Property Q&A in Oakland>Question Details

Kathleen Hur…, Other/Just Looking in Oakland, CA

Did this house sell at auction, or is it still available?

Asked by Kathleen Hurty, Oakland, CA Sat Jan 3, 2009

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This question is about this property: http://www.trulia.com/foreclosure/2003388918--Orange-St-412-…

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Answers

3
The official auction date was Dec 23 2008....but we won't know what the status is until the change (of ownership) is recorded....or until it shows up as a listing as an REO (real estate owned) property.

If you're relying on RealtyTrac for foreclosures, please note that not all properties that show up on this site actually foreclose. Some of them may receive Notices of Default when the homeowner is delinquent.

There are options for the homeowner to "cure" or "clear" this default: they can make payments to be current, apply for loan modification, sell as a short sale. They may even opt to give the property back to the bank via a deed in lieu of foreclosure instead of going through the foreclosure process.

It's a good snapshot of what's happening in the marketplace -- but that's all it is: a snap shot. A really good realtor can get and give you details about what really is available and actively offered for sale.

Any one one of us realtors in the east bay and in Oakland can certainly help. All you have to do is ask!


Happy New Year!
0 votes Thank Flag Link Sat Jan 3, 2009
Kathleen,

The foreclosure site I get my data from is stating that this property is in one of those funny in-between transition periods where the notice of default was filed but it hasn't *officially" been foreclosed on and ownership transferred. If it did sell, we haven't received the updates yet...we should have more information available in the next couple of weeks. Hope this helps!

Best,
Krista
Web Reference: http://www.kristashouse.com
0 votes Thank Flag Link Sat Jan 3, 2009
Kathleen,

I am not in the office but if you like, I can look when I get back in. Are you looking for something in this price range? Please read my profile and let me know if you feel we could work together.

TA
0 votes Thank Flag Link Sat Jan 3, 2009
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