When will this house be up for sale? I am interested. Thank you.

Asked by Michelle, San Francisco County, CA Mon Feb 22, 2010

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This question is about this property: http://www.trulia.com/foreclosure/map/2007347430--Milagra-Dr…

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2
John Juarez, Agent, Fremont, CA
Mon Feb 22, 2010
Michelle,

What you have seen on Trulia is a notice of default or foreclosure posted by Realty Trac which is a reporting service. Realty Trac takes information from public records and provides it by subscription to its members who have registered and agreed to pay a fee for the information. What you see on Trulia is an abbreviated report from Realty Trac in order to entice you to sign up for their service.

It is unlikely that you will be able to buy this house for the price posted on Trulia. That is the amount of a default and has no relationship to the value of the property. The house may be offered for sale at a later date but it will most likely be listed with a Realtor and priced at a price that reflects the market price for the area.

If you are serious about buying a house, you need to align yourself with a full-time, experienced local Realtor who can help you to find the house that meets your needs. Your Realtor can help you to learn about the current market conditions, realistic house prices, loan qualifications, negotiating strategy, escrow management, inspections and everything else that goes into the purchase of a home.

I know some great Realtors in Pacifica. If you would like a referral to one of them, drop me a note.

John Juarez, Realtor
Windermere Welcome Home
DRE #01223788
John@CarlMedford.com
Direct 510-673-0686
0 votes
David Tapper, Agent, Burlingame, CA
Mon Feb 22, 2010
I can't find this listing, Michelle. I think it's a NOD ( notice of default) which means the seller is behind in their mortgage and it may lead to a short sale or foreclosure if the owner does not bring their mortgage current.

If you would like a list of homes in this price range, please let me know.

Good luck,

Tap
Cashin Company
http://www.DavidTapper.com
http://www.TeamTapper.com
redt4u@aol.com
650-403-6252
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