Many homes come up like this on Trulia or other websites. These are home owners that may have fallen behind on their payments. Tax records are marked as such and websites publish with (no address) discretion so that home owners are not directly impacted or disturbed. At the end of the day, there is no advantage knowing, as all banks will either bring the home to auction, market or sell as part of a portfolio package to another lender in order to obtain the highest offer from a marketplace of individuals. However, from a home owner perspective there may be an advantage, but ultimatley the loan will have to be delt with.
Let me know if you have any additional questions, with regard to Pre-Foreclosure homes.
I hope this helps,
Rocky G.H. Hawrysz
Broker Associate, Realtor
CRS, GRI, SFR, ABR, SRES, e-Pro
Prudential California Realty
O: (209) 444-6610
F: (209) 433-2000
M: (209) 915-6209
Without Question, Committed to Your Success!