is this property still available? Please send me more info about it. Thanks, Victor Tran

Asked by Victor Tran, Tampa, FL Thu Feb 23, 2012

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This question is about this property: http://www.trulia.com/foreclosure/3068729288--Jaegerglen-Dr-…

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3
George Shea, Agent, Valrico, FL
Fri Feb 24, 2012
This property has started the foreclosure process because a loan secured by the property is in default. The borrower/homeowner still has the opportunity to stop the foreclosure by catching up on defaulted payments or by selling the property. We can keep an eye on it. My Sales team Lives in Fishhawk Ranch and we monitor this market very closely. Please let me know if I or one of my partners can be of assistance in your home search. In preperation of your search, please make note of is that prices in Fishhawk are very competitive. It is a highly sought after community. Banks and Sellers on distress properties are aware of this and usually will not let a home go for much less than market value. Sometimes a foreclosure is not always the way to go.
1 vote
Alma Kee, Agent, Tampa, FL
Fri Feb 24, 2012
Hi Victor,

The $50k loan amount is probably for a 2nd Home Equity Line of Credit. There is probably a first mortgage as high as $200k on this house.

It's not possible to buy a home in Fishhawk under $100k--even with ALL CASH at the courthouse foreclosure auction.

If $50k is your price limit, you may be able to buy a condo (but will need at least 25% down payment) in other areas of Tampa Bay or a house in a higher crime area.

You can search actual available properties on my website for free if you're not yet working with a Realtor: http://www.SoldOnTampa.com

All the best,
Alma Kee
Future Home Realty
Westchase Office
http://www.SoldOnTampa.com
813.244.9898
0 votes
Phil Fowler, Agent, Brandon, FL
Fri Feb 24, 2012
No Tran. You are looking at properties from RealtyTrac which are not necessarily on the market as this site discloses that they are in some process of preforeclosure/foreclosure.

If you want to search for properties you can go to my site for free and search.

Phil Fowler
Realtor CDPE SFR
RE/MAX Across the Bay
Phil@PhilFowler.com
http://www.PhilFowler.com
813-401-8078
Web Reference:  http://www.PhilFowler.com
0 votes
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