Is this property actually listed for 35K?

Asked by Kim Martinez, Santa Barbara, CA Mon Apr 6, 2009

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This question is about this property: http://www.trulia.com/foreclosure/2003379399--Foothill-Rd-Sa…

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iNSITES, Agent, Santa Barbara, CA
Mon Apr 6, 2009
Hi Kim-

It's a guess as I haven't run a title report on the property, but the $35k figure is likely the amount the previous owner was behind on payments. The trustee usually publishes the amount necessary to bring the loan current, though a potential buyer should expect additional costs including late fees, legal and collection costs, etc.

Best regards,

Jon
Web Reference:  http://www.timeforsb.com
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