Hi Jennifer, very familiar with this property. Had to cancel contract after inspections were completed (very interesting story). It has now gone pending with another buyer. Was listed at $452,500, not the much lower RealtyTrac-listed price ......which brings up something you should know. Don't trust RealtyTrac!
RealtyTrac is not a listing service. They post notices of foreclosure and default pulled from public records. Their postings are very misleading because the price shown is NOT representative of what the property will be when priced for sale. Properties shown on via RealtyTrac are almost ALWAYS not on the market, and when a property is put up for sale it will likely be listed on the MLS, not on RealtyTrac.
Iâ€™m not sure whether you have been formally Pre-Approved. As far as buying, this is your first step (not a pre-qualification, see:. http://www.Steven-Anthony.com/default.aspx?pp=39377
for the difference between the two) so you can be ready to act when you need to, or be aware of any issues that may prevent you from buying when you want to.
To avoid being "RealtyTracked" again, I can set up an automated "search agent" for you so you get notifications automatically via email as soon as they are made on the MLS. Just shoot me an email and I'll get this setup for you.
Best Regards, Steve