Property Q&A in 92011>Question Details

Kacy, Home Buyer in Encinitas, CA

Is this for real?

Asked by Kacy, Encinitas, CA Sun Sep 28, 2008

It sounds way to good to be true.
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This is a short sale property that is currently pending. As is sometimes the case the information in RealtyTrac about the home appears to be inaccurate in terms of what is actually owed to the bank., probably because of the different resources that are used to gather the data. I have often seen the numbers in RT reflect loans but not asking prices on the homes in the MLS, which can be confusing to buyers. It is always wise to consult a knowledgeable REALTOR to get the most accurate information on a property that interests you.
Web Reference:
1 vote Thank Flag Link Mon Nov 17, 2008
Hello Kacy,

You are correct. This property is going through the foreclosure process and is not for sale at that price.

Nick Rhea, MBA, Broker
Bombora Investments, Inc.
0 votes Thank Flag Link Sun Sep 28, 2008
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