I just drove by this house and it has forclosures signs everywhere? Is it gong to be on the market soon?

Asked by Brenda, Visalia, CA Wed Apr 15, 2009

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This question is about this property: http://www.trulia.com/homes/California/Visalia/sold/1574780-…

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Heather Mend…, Agent, Visalia, CA
Wed Apr 15, 2009
The bank took it back in November so it will more than likely be listed as an REO/foreclosure in the near future. From the time a bank forecloses on a home and the time they list it several things have to be done. If the former owner is still in the property they have to be evicted form the home, then the bank will have an appraisal completed, have an agent do a price comparison, after that the information is reviewed by the bank/investor who owns the property, then a listing price with an authorization to list the home will be given to the real estate agent who is going to list the property for the bank.
Web Reference:  http://www.heatherm.com
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