Home Buying in San Jose>Question Details

momonablu, Other/Just Looking in

if a foreclosure is listed as 100000 owed ist that all you pay for the house

Asked by momonablu, Mon Apr 21, 2008

Help the community by answering this question:


The answers that have been given are correct based on the limited information you gave us. With some addtional information we could give you the absolute correct information. My business is based in San Jose and if I can offer you some local knowledge, I would be glad to.
Have a great evening!

Charles Coachman
Keller Williams Realty
0 votes Thank Flag Link Mon Apr 21, 2008
Dear Momo..,

Is this property actually listed for 100K? Then that will be the point of sale. However if this is On Notice Of Default, then there's more to this than meets the eye.
0 votes Thank Flag Link Mon Apr 21, 2008

No. You would pay any other loans or encumbrances on the property (such as property taxes, liens and other loans.


Monique Carrabba
0 votes Thank Flag Link Mon Apr 21, 2008
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