Jeanie - Really...all you need to do is look at the tax records to get the answers that you are asking here. These are public information or you can contact a realtor in your area to dig into them with you. Be careful with foreclosures though as there are difficult to get and can often carry bad karma along with them. Also...financing is always a trick. However, if you are wise they can be really good investments!
As Debbie alluded to though, pre-foreclosures and short sales are sometimes your safest, really good investments as long as you take your time. The best way to do this is to work with a realtor from your area..maybe even one who really specializes in this!
Hope that helps...good luck on finding a smart investment!
The "Listed Price" is the "asking price".
However, neither is necessarily the amount left on the loan.
You'd have to ask for a Payoff Balance from the Bank, to get the true amount due.
But, to get an idea, your Real Estate Agent can pull Tax Records to find out what
their loans were/are. This information may not be up-to-date, but it is a gauge.
The best bet, is always to have a Real Estate Agent working on YOUR side!!!
Good Luck . . .
It is really best to work with a Real Estate agent on these although with much investigation on your side, you could do it alone. There are many agents that deal mostly with foreclosures and are truly experts in the field of forclosures. It may be worth the help. If you would like help finding a foreclosure expert in Bremerton and the area, don't hesitate to call me or email and I will help you find one.
If you go to your county website and find the accessors site. You should be able to pull up the address or Parcel number and get alot of information about the property. Also, an agent can help you do this.
Put my knowledge on your side!
Karen Miceli, ABR, CRS, GRI, Realtor
"Beside you with each step..."