How do I get more information on this house. I don't understand why it's only 25,000!

Asked by Juanita Esparza, Marysville, CA Wed Nov 12, 2008

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James Gordon…, Agent, Hamilton, OH
Tue Nov 18, 2008
This property is not for sale for 25,000. Realty Trac who lists liens, forclosures, and other legal notices on properties has announced a lien that forclosed for 25,000. This may not be the first possition lien holder.
All that you know about the property at this point is that a lien is being forclosed and the current owners may or may not be at risk of losing the home.
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Paula Swayne, , Sacramento, CA
Mon Nov 17, 2008
Since the loan balance is $25,000, I am assuming this is where they got this number. Even though it is listed for this, it will certainly have mulitiple offers and probably sell well over the asking price. The banks do this to create interest...and on this one I am sure they have!
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