trustee sale on 09/2010 asking bid at 739k and no one bid on it so the house went back to lien holder, Wachovia . On March 2012, it was listed on market for $299k, sold for $315k only 26 days on market, and close of escrow on 7/16/2012. Please let me know if anything else that I can help you with any other properties you see on the market. I can be reached at 510.275.9585... more
I can tell you 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.
There is currently no listing on Tesoro Court that matches this information.... more
Supplemental taxes are paid one time after you purchase the home. The supplemental tax is the difference between the amount you will pay annually and the amount the seller paid annually. Collecting supplemental taxes is a crazy, wasteful and stupid system, but here is how it works.
Let's say the seller bought the house years ago for $X and his yearly property taxes are $1,200 - or $100 per month. You buy the house for twice as much as the seller bought it for and close escrow 2 months before the next tax bill is due. Since the seller already paid taxes for two months, you reimburse the seller $200 as part of the closing costs at time of purchase.
But wait! Since you bought the home for twice as much as the seller paid, your assessed value is twice as much. Therefore, you actually owe $400 for those two months. This is where the stupidity kicks in. You should be able to reimburse the seller for the $200 they already paid plus pay the county the additional $200 and be done with it, but NOOOOO. That would be too easy. Instead, the county must have a complete department preparing supplemental bills and processing them - a complete waste. I'd gladly support any ballot proposition that requires mandatory prison sentences for government officials who allow this system to continue.
One other clarification: you may get supplemental tax bills in the future if the county re-assesses your property to a higher value.... more
I just checked the MLS and the property is pending. The property has been on the market for 73 days since 7/23/10. It was a foreclosure.
As of this evening, there are 15 active homes in Pinole, Hercules and the El Sobrante area. They range from a 4 bed/3.5 bath for $408,888 to a 5 bed/ 3bath 2400 square feet house in Hercules.
Feel free to contact me with your questions. I am a local expert who knows the area really well. You can also visit my website and get set up for daily listing alerts when new homes that you like hit the market.
I also provide a generous 25% buyer rebate. For example, if you purchased 238 North Rancho Place with me as your agent. You would receive $3375!
Your Realtor can show you this property. If you are not working with one, I'd be happy to show it to you as I'm only 5 minutes away. No obligations. Good luck to you. Please note the list price is not what your are seeing on the post. The home is listed at market price. If you like, I can send you listings as they appear on the market so you won't miss out on anything and you'll get the correct listings.
Good answer,Bernard. I would also like to add that Realty Trac is a for profit site & they make their profit by getting people to pay for info that is available for free. A local realtor can get you the most accurate info from the MLS at no charge to you. Do not pay Realty Trac for their worthless information!... more