Property Q&A in Folsom>Question Details

Julie, Home Buyer in Folsom, CA

Is this property still available. How can I see some of these properties listed and make an offer?

Asked by Julie, Folsom, CA Thu Dec 25, 2008

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Hi Julie,

The information from Ms. Archer below is correct regarding this house. There is not a home on Latherton currently listed for sale, but by the sound of the wording, its possible that the bank has foreclosed on the house and may place it for sale in the future.

I wanted to highlight to you that the average price per square foot of similar size homes sold in the last 30 days was $235.50. The price reported for this listed home in foreclosure is possible to find for the square footage in Folsom, but there aren't many available today.

I'm not sure if your question about seeing these properties and making an offer are based on a list of possible foreclosures. The first step is to make sure you are pre-approved by a lender and many bank owned properties request that the approval is from a direct financial institution, such as a bank. Or they request you get pre-approval directly from their bank, but are not obligated to use them for financing.

I have been selling homes in Folsom almost exclusively for the last 6 years and would be more than happy to set up an appointment to discuss the options available to you. If you would like any assistance with getting pre-approved, I also have some wonderful references of reputable lenders in the Folsom area.

Most sincerely,

Carie Averill-Branch
Coldwell Banker
(916) 705-1059
0 votes Thank Flag Link Fri Dec 26, 2008
Once again, this house is being advertised and is not for sale. I'm not sure what the exact address is but just because a notice of default is filed, the seller may still be able to save their home. There is no homes for sale on Latherton at all at this time. Average price/sq foot of all homes sold is around $275/sq foot so this is a deceptive listing.

If you'd like a more realistic view of homes available in Folsom, please give me a call, or set up your own independent search on my website. It is accurate within an hour or so of any changes of the listing by the listing agent. I would be more than happy to let you understand the market of the different Folsom neighborhoods, as pricing varies in Folsom by neighborhood.

Then we could make sure you have secured a loan prequalification so that, once you find the home that you're interested in, you can immediately place an offer if you so desire. I'm not sure you're prequalified or not at this point, but it's required in this market, in order to submit an offer on a property.
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0 votes Thank Flag Link Thu Dec 25, 2008
You need lender approval prior submitting any offer on property. Contact a local Trulia realtor request for them represent you locate a home match your specifications, work with you thru closing of house
Web Reference:
0 votes Thank Flag Link Thu Dec 25, 2008
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