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Foreclosure in Pacific Grove : Real Estate Advice

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Activity 2
Sun Jan 29, 2012
Wayne Olson answered:
Garth,

Trulia states that they count only "arms-length" transactions in the number of recently sold data, so I assume that the same applies for the recent sales price data as well.

Arms-length transactions are standard transactions and do not include distressed sales (i.e., foreclosures and short sales).

Hope this helps!

Wayne Olson
Real Estate Broker - Coldwell Banker Seal
Direct: 503-699-3722
http://wayneolsonhomes.com
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Mon Jul 25, 2011
Lisa Cannata answered:
Depends on what you're looking to find out. Would you like to know where they are listed, how to submit an offer, or just general information? Bank foreclosures and short sales are most commonly listed with a Realtor. So if you're interested in purchasing one your best route is to find a knowledgable agent in your area whom you can build a good relationship with and have them get working for you to find the right one. Keep in mind that while there are certainly deals to be had many will require a significant amount of work to be lived in comfortably. There are also great values with just plain old motivated sellers. Again though my advice for the most and best information available is to find a local Realtor that can help you specifically with what you're looking for. ... more
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