I received some info on this property this morning that I would like to pass on to you. Send me an email (mattstigliano at exitnsa.com) or give me a call (210.240.6222).
Have a great day!
A little follow up....
I just spoke to the listing agent (someone I know personally) and according to her, it is not in foreclosure. If this property is something you'd like to pursue, give me a call (210.240.6222) and we can speak further about it. Look forward to speaking to you.
Your best bet is to work with an aggressive Realtor is specializes in finding deals BEFORE it's too late. I can recommend one... ME! :-)
Give me a call or email if you want to discuss this more...
I would be glad to forward you the MLS listing if you are interested. I can also call the listing agent to get further information. Call me at 210-591-9100.
A very high percentage of the properties that get posted don't go to foreclosure. The bank or the owner are able to work out some kind of arrangement before the sale. While the info on Realty Trac may be technically correct, from what I see there is lots of homes posted that never get to the process.
It's probably too late to do anything with the original owner. Chances are you'll never be able to talk to anyone in the foreclosure department or bank asset manager. The banks I have worked with won't talk to retail customers unless they want to buy portfolios of properties...like 25-50 properties at a time.
Chances are the bank will get it back at the foreclosure auction if it goes that far. Then it will go to REO status. If you really want to jump ahead of the game find out which bank has the note. Then find out which agent handles the foreclosures in that area for that bank. You can ask your realtor to track this down for you. Then have your agent submit an offer for the property to that REO agent. You might get it before it ever goes on the market.