How do I find out more about this property and how to purchase it? Do I need to contact the lender?

Asked by Ml, Hilcrest Mon Sep 29, 2008

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Nick Rhea, , San Diego County, CA
Mon Sep 29, 2008
These are misleading. The second lienholder is foreclosing on the property, but the property is not for sale at $26K.

Nick Rhea, MBA, Broker
Bombora Investments, Inc.
1 vote
Dawn Lewis, Agent, San Diego, CA
Mon Feb 2, 2009

Many of the home your looking at are not available for sale yet. There's a long process with foreclosures. You need to hire a real estate agent to work for you. You need someone who is experienced with foreclosures. Please contact me and I can talk with you and explain how it works.

Dawn Lewis
0 votes
Lisa, Home Buyer, San Diego, CA
Mon Feb 2, 2009
This propery is not for sale. It belongs to Ademar Marques and it on litigation. Most be a scam
0 votes
Anthony Stai…, , Ramsey, NJ
Fri Jan 30, 2009
In todays market all sellers are looking for preapprovied buyers. You need to give your lender
your income assets and credit to receive there approval.
0 votes
John Price, , 92103
Fri Jan 30, 2009
Hello MI,
There are many others that are available in the 92103 zip code between 200-350K currently available in the MLS. I'd be happy to email the report to you if you'd like to browse through those listings. Otherwise you're more than welcome to set up your own reports on my site as well where you can search for more detailed information if you prefer. If you find one that you like, we can go take a look!

Best Regards,
John E. Price III
Realtor, Prudential Dunn
Phone: 619.884.8443
Web Site:
0 votes
Ml, Home Buyer, Hilcrest
Mon Sep 29, 2008
Thanks for the quick responses. I kind of figured it wasn't selling for $26K, but I had to ask.
0 votes
Diane Conaway, Agent, Escondido, CA
Mon Sep 29, 2008

Sorry to be the bearer of bad news. The amount listed is the amount they are behind on their payments, not the sales price. They owe $265,000 on the first mortgage. You're not the first to be duped by the price. If it seems too good to be true ... We get this question a lot on this forum. Good luck.

Diane Conaway, RE/MAX United, (760) 749-2888
0 votes
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