who can help me if i want this house?

Asked by yassersaintfelix, Crestline, CA Mon Nov 26, 2012

This question was asked from this property: http://www.trulia.com/foreclosure/3096102492--Shrier-Dr-Lake…

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Steve Manos, Agent, Wildomar, CA
Mon Nov 26, 2012
The property address is 17157 Shrier Drive, Lake Elsinore. Best guess at current market value is $140,000, although the property is not currently listed for sale.

There is a holding company that acquired the home. If you'd like more information feel free to contact me at (951) 479-3899.
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John Juarez, Agent, Fremont, CA
Mon Nov 26, 2012
The first thing that you should realize is that the price that you are seeing on the link that you posted has nothing to do with the value of the property or the price that a buyer will have to pay to obtain the property. You are seeing the results of a foreclosure auction in which the lender bid an amount sufficient to protect their loan position in the hope that they will be able to sell the property for more.

Who can help you? In a way, no one can since the property is not now for sale. RealtyTrac, which entered this posting on Trulia, is not a real estate company and it does not sell houses or property. It is a reporting service. It is reporting on the results of a foreclosure auction and it is not offering the property for sale.

Who can help you? Contact a Realtor in the area in which you have an interest for more information about local property that really is for sale.

This property will most likely be offered for sale by the bank but at a price which reflects its market value. Your Realtor can keep an eye on the property for you and alert you when it is available if it is a property in which you have a strong interest.
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