Was this sale at 370 Snowbird Loop, Homewood, CA a foreclosure sale at $139,000? Was it a credit bid?

Asked by Iris, Bell Canyon, CA Wed Mar 11, 2009

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This question is about this property: http://www.trulia.com/homes/California/Homewood/sold/2872878…

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4
Olja Mihic, Agent, Tahoe City, CA
Fri Aug 23, 2013
I don't believe it was either. Public records show a Gift Deed, then a Grant Deed for 139K, then an Intrafamily Transfer.
This was probably some internal arrangement. This is also why you should always consult a realtor to get the true value of the property.
I hate to say it, but the automated websites just don't know, can't know, the true value, as there are so many components to property evaluation, the biggest one being the location difference and the views etc.
If you are curious about the values around here, I am happy to email you the comps. Msg me.

Olja Mihic
Realtor - Coldwell Banker Tahoe City
530 448 6633
tahoerealestate@hotmail.com
http://www.charmingcabins.com
0 votes
Sasha Spiegel, Agent, Tahoe City, CA
Fri Mar 9, 2012
Often Trulia may show properties as Foreclosure, but it the property never comes to market. The owner may have worked things out with the bank
0 votes
Sasha Spiegel, Agent, Tahoe City, CA
Fri Mar 9, 2012
Often Trulia may show properties as Foreclosure, but it the property never comes to market. The owner may have worked things out with the bank
0 votes
Greg Poulsen, Agent, Truckee, CA
Wed Mar 11, 2009
Hi Iris,

No current sales on Snowbird Loop show up on our MLS. I do show two properties that have sold; 450 Snowbird Loop SOLD for $1,195,000 on 2/25/2005 and 235 Snowbird Loop SOLD for $800,000 on 6/28/2005. 318 & 235 Snowbird Loop listings Expired.

Hope this helps.

Regards,

Greg Poulsen

Dickson Realty
11500 Donner Pass Road
Truckee, CA 96161
Office #: (530) 550-5026
Fax #: (866) 528-7861
Cell #: (530) 448-9830
E- Mail: Greg@TahoeHomeHunter.com
Web Site: http://www.TahoeHomeHunter.com
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