Is this house in pre-foreclosure, who do I contact. Thank you.

Asked by Bbhinman, Menlo Park, CA Mon Jan 20, 2014

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This question was asked from this property: http://www.trulia.com/homes/California/Atherton/sold/7382068…

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Joe Parsons’ answer
Joe Parsons, Agent, Menlo Park, CA
Mon Jan 20, 2014
Yes pre-foreclosure activity; Notice of Default and recordation done on 12/17/2013. Additional research required and if you are interested contact me:
Joe Parsons
Alain Pinel Realtors
650-279-8892
joeparsons@apr.com
0 votes
Stu Carson, Agent, San Jose, CA
Mon Jan 20, 2014
The home last sold for just under $1mil in 1998.

A Notice of Default (NOD) was recorded against it on Dec 17th of last month.

It's not on the market and may not go on the market. A NOD could be followed within 90 days by a Notice of Trustee Sale (NTS) or the process could drag on for several months, over a year or the owners could get back in good standing with the lender.

If you like, I can call and see what the owners situation is and what their intentions are in the weeks and months ahead. Or we can just keep an eye on it, set up a system so that if it goes to NTS, we are notified right away.

Let me know.

Stu

408-209-0849
Broker-Associate

http://www.GetRealRealtor.com
http://www.LuxuryAndCountry.com
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