Guess what â€¦ if the listing has the logo for RealtyTrac ...
Then what you are seeing is NOT an actual listing â€¦ it is an advertisement for RealtyTrac.
RealtyTrac is a provider of data for distressed homes. This data is used by investors and Realtors to track distressed homes. When you see the RealtyTrac logo, you are not looking at a home that is actually available for you to buy: what you are seeing at is either (1) the notice of default for one of the mortgages on the property in question, (2) a notice of an impending trustee sale or (3) a notice of a completed trustee sale.
RealtyTrac notices can be very deceptive because they usually give loan amounts, not the purchase price or fair market value. When and if this particular property hits the market, it will be at market price for the neighborhood.
Bottom line: RealtyTrac is trying to get you to sign up for their service.
The following links may be helpful:
When Is The Price Not The Price?
Itâ€™s Too Good To Be True: REALLY â€“ Top 4 Buyer Myths
If you want to know when these or similar properties will actually hit the market, have a Realtor set you up with an auto-feed that will alert you the moment they become active on the MLS.... more
Hi Fay, I tried to contact the agent for this home and could not do it from trulia, so I ran a search for the home on my MLS and it did not come up at all. Then I checked the more MLS and it does not come up on there either. But just for your info most homes are not rent to own unless it is specifired as such. Sorry i could not be more help....Dawn... more
Hi yes call them and if they can not help you my brokers at Realty World Viking realty do property management and may have something for you. you can reach them at 510-794-9922 ask for either Brian Ripp or Barry Ripp....Dawn... more