Vanessa Tapia, Home Buyer in San Bruno, CA

Hello. My husband and I are interested in finding out more information about this property.

Asked by Vanessa Tapia, San Bruno, CA Mon Mar 30, 2009

We are looking into purchasing out first home and would like to know what we need to do to become eligible.


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Hello Vanessa,

First of all, you need to realize that this information is coming from RealtyTrac—NOT known for their accuracy. I used to be affiliated with them but no longer am as they tend to mislead people.

The $100,000 is the amount of loan in default—NOT the purchase price. IF you pay RealtyTrac, you can find out more info.

The best thing to do is to wait until it goes into foreclosure and buy it then.

By the way, these are condos. The two most recent sales averaged $1,000,000 so $100,000 is about as unrealistic as it can get to think of as a valid price or value.

~Rebecca White
0 votes Thank Flag Link Tue Mar 31, 2009
Hi Vanessa, I'm not sure if you received my answer, maybe you asked this twice. The first thing you need to do is get pre-approved for a loan if you haven't already.

Then find an agent you want to work with. Getting a referral from a friend or family member is usually best.
It that doesn't work, try finding one online or call a few well known agencies and ask for the broker in the office. He or she will introduce you to someone they feel will be a good match.

Good luck,

Dave Tap Tapper
Cashin Company
Web Reference:
0 votes Thank Flag Link Mon Mar 30, 2009
What specifically would you like to know?

Tony Abad
Realty World
925/325-9546 or email
0 votes Thank Flag Link Mon Mar 30, 2009
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