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Property Q&A in Westlake : Real Estate Advice

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  • Home Buying2
  • Home Selling0
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Activity 5
Mon May 21, 2012
Bruce Lynn answered:
I'm thinking this is one of the vacant lots on King Fisher. Unfortunately even the lots will probably sell in the $500,000 range. As soon as I know more details I can let you know. If there is no specific address, typically it is not really for sale.

It could be in the future or the owner could cure the notice of default which is what we often see in the higher end or more valuable properties.

You can see homes including the foreclosures, short sales, and bank owned properties for sale in Westlake at the link below.
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Mon Nov 28, 2011
Bruce Lynn answered:

Unfortunately the information below is not correct.
Normally what you see on the foreclosure websites is a list of homes or lots that have been sent a NOD or Notice of Default. Many of these will not ever go to foreclosure. If they do it could be months or years before they go to auction. These can include tax liens or 2nd mortgages which could be worthless. Normally the ones that go to auction are bought back by the lender. Some of the stats I've seen show that 90pct or more get bought back by the lender. When they do, they'll resale them at some point, but, even after the auction sometimes we see it can be several months or years before they get put back on the market.
This is the case in Vaquero where I see several lots own by lenders, but not on the market.
We can still try to track down the asset managers and make offers on these if you are interested. In the $200,000 range, these will be lots though, not completed homes.
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Wed Jun 17, 2009
Kyle Harden answered:
Sorry, but we cannot help you call the Jonas Brothers.
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Mon Mar 30, 2009
Emily Erekuff answered:
Hi Everyone,

Thank you for bringing this rental listing to our attention. Naima is correct that rental listings are not supposed to appear within our search results. I've update this property's status in our system and the listing information should be removed from our site within approximately 24 hours once our site data is refreshed. We apologize for the confusion.

Best Wishes,

Emily Gibson
Community Moderator
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Fri Feb 27, 2009
T.E. & Naima Sumner answered:
LOL Katelyn... that's the Jonas Brother's home and you think it's going to be published?

It was all over the media. Good try though.
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