The answers you have been given are essentially correct. I will add one important fact to the info. This property in Pebble Creek was scheduled to be sold at the courthouse on 1/25/2010, so it is quite possible it is now bank owned and will come back on the market as a bank owned at some time in the future. The exception to that would be in the short sale negotiations, they were able to have the foreclosure cancelled/rescheduled. Increasingly, homes that are in short sale negotiations are being foreclosed on.
Regardless of your circumstances, if you are serious about finding a tremendous value and taking advantage of one of the two tax credits available for purchased by 4/30/10 and closing by 6/30/10, you need to contact a realtor to represent your interests and locate you the best situations. These homes go quickly and require an agent who is on top of the new properties and you being able to move quickly.
Feel free to contact me for further information or future assistance.
South Orlando Specialist
Accredited Buyer's Representative(ABR)
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Keller Williams Realty