Is this property in pre-foreclosure for only 100K? Can anyone shed some light why this house is so cheap?

Asked by ftgsf wegr, 90025 Thu Feb 26, 2009

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This question is about this property: http://www.trulia.com/foreclosure/2003182135--9th-St-Manhatt…

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Michael Magaw, Agent, Torrance, CA
Thu Feb 26, 2009
Elisena, you only have a small piece of the puzzle. This Mahattan Beach home cannot be obtained for $100k, at least not in 2009. This is often a second lein holder filing, meaning the is a first lien holder with a larger not. If you really want the details, then contact me through my website and I can do the research for you.
Web Reference:  http://www.NHLBrokers.com
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