Property Q&A in Los Gatos>Question Details

Heather Combs, Other/Just Looking in Los Gatos, CA

About how much over the estimated bid amount do these auctioned forclosed homes usually sell for?

Asked by Heather Combs, Los Gatos, CA Mon May 11, 2009

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Please do not give Realty Trac postings the time of day, Realty Trac is not a listing site. They just publish notices of foreclosure from the public records. Their "listing prices" have nothing to do with the amount the properties will eventualy list for once foreclosure is actually complete. Once foreclosure is complete,these houses will be listed at market value which will be determined at that time and which will have nothing at all to do with what you see on Realty Trac.
1 vote Thank Flag Link Mon May 11, 2009
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