Property Q&A in Pleasanton>Question Details

Selva Kumar, Home Buyer in Pleasanton, CA

May i know some more details about this property. I'm interested in this property.

Asked by Selva Kumar, Pleasanton, CA Tue Dec 16, 2008

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Selva: Also, as a side note, sometimes it's best to "think outside the box" a little when it comes to “pre-foreclosure” situations, such as this case. Depending on how serious a buyer is about a property, there really is no need to wait until a potential foreclosure takes place before communicating interest to the owner. Depending on the situation, both buyer and seller can be well served by such an effort and this gets you in front of the potential seller before anyone else who waits for an actual foreclosure to take place. Again, a Realtor can help you with this effort. -Steve
0 votes Thank Flag Link Mon Dec 22, 2008

Here is a recent blog post that can explain RealtyTrac notices and how they work.…
Web Reference:
0 votes Thank Flag Link Mon Dec 22, 2008
Hi Selva, if you are truly interested in buying this or another property you should really align with a professional Realtor who can set up a targeted and specific MLS search agent for you. This way, when any property that meets your search criteria comes active on the MLS both you and your agent will automatically be notified. You will also be able to see price changes as they are made.

Best Regards,
Steven A. Ornellas, GRI, ABR, e-PRO, CMPS, RE Masters, MBA
REALTOR® / Mortgage Banker-Broker / Certified Mortgage Planning Specialist
0 votes Thank Flag Link Mon Dec 22, 2008
Hi Selva,

I don't believe this particular property is on the market yet. It may be taken back as an REO but not yet on the market with a realtor. The last one to sell on Torino Ct was on 11/06/2008 and it was a regular sale. Feel free to contact me with any other questions.
0 votes Thank Flag Link Tue Dec 16, 2008
What you are seeing on is the notice of default for one of the mortgages provided by RealtyTrac. RealtyTrac notices can be very deceptive because they give the loan amounts, not the purchase price. When this particular property does hit the market, it will be at market price for the neighborhood.

Let me know if you would like additional information.
Web Reference:
0 votes Thank Flag Link Tue Dec 16, 2008
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