how do I buy this at this price? It seems way to cheap.

Asked by Ken, Fremont, CA Tue Jan 27, 2009

--
This question is about this property: http://www.trulia.com/foreclosure/2003070275--Newman-Dr-Sout…

Help the community by answering this question:

+ web reference
Web reference:

Answers

2
Steven Ornel…, Agent, Fremont, CA
Wed Jan 28, 2009
Hi Ken, if you are looking for a wealth of misinformation RealtyTrac is a fantastic source. I have actually contacted Trulia about making it more obvious. Dana provides the "scoop" below. If you are serious about a purchase I would target REO properties where the bank now owns the property and they are eager to liquidate. I'm local in Fremont so if you would like to sit down and chat just shoot me an email.

You have two sources for accurate information:
http://www.Realtor.com or a Realtor's website (typically draws info direct from a valid MLS.

Best, Steve
1 vote
Dana Schuster, Agent, Slidell, LA
Wed Jan 28, 2009
it is way too cheap. this is not a listing for sale,it is a Realty Trac posting. Realty Trac is not a listing site,they publish notices of default & foreclosure from the public records. $80,000 is not a sale price,it is the amount of the outstanding loan balance. This property has not yet foreclosed and is not yet on the market. Realty Trac 7 other similar sites post misleading and inaccurate info in the hope of getting people to register 7 pay for info that is available to the public for free. When and if this property does foreclose,it will be listed on the MLS at market value. i suggest you get in touch with a local agent who can alert you when it does become available or help you find a similar property.
0 votes
Search Advice
Search
Ask our community a question
Property Q&A in South San Francisco Zip Codes

Email me when…

Learn more