Property Q&A in Pasadena>Question Details

Lily, Home Buyer in Pasadena, CA

What is online auction, how I can see this property?

Asked by Lily, Pasadena, CA Thu Apr 30, 2009

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This question is about this property: http://www.trulia.com/property/1077594663-596-Mercedes-Ave-P…

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Answers

1
This is a short sale. The $425k is only the starting price of the "on-line" auction. This is really a decoy to get you to submit an offer for the short sale and it is still not approved so you might be in the transaction for some time.

Dyanna
0 votes Thank Flag Link Thu Apr 30, 2009
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