The property you are inquiring about is not an active listing but instead a posting by RealtyTrac who would like you to contact them and sign of for their paid monthly service. Keep in mind that a good agent can provide you more timely information for absolutely free. The property in question is actually located at 20971 Via Jasmine #4 and a Lis Pendens was recorded on the property on July 31st of last year. This is the very first step in the foreclosure process and the property may, or may not, come on the market in relationship to this filing. If you would like me to notify you if it does come on the market just let me know.
Bank owned foreclosures and short sales used to be much better opportunities than they are in many cases today. Not only have banks started to price these assets above market value the condition of many of the majority of these properties and their systems are very poor when compared to a well tended for property being sold under more traditional terms. And without the bank headaches of which there are plenty.
The home you inquired about is a town house in the Las Flores section of Mission Bay which is located just west of 441 off Glades Road. You will find that well priced listings in Las Flores, as well as Reflections in Mission Bay, will sell almost immediately in todays market. There have been 4 sales in Mission Bay over the past 6 month with another two homes under contract. There are two active listings so inventory is at 90 days but both listings are over-priced in relationship to the most recent sales. I have a complete analysis of the community that I would be very happy to send our upon request.
The need for a qualified agent cannot be overstated as you need someone on your team who is qualified to determine fair value and have your best interest at heart. I hope this information is helpful and if I can add anything or be of help in any way please do not hesitate to give me a call.
Always at Your Service,
Tom Priester e-PRO
"Results Driven Real Estate"
Keller Williams Realty