Answer by Dana Schuster
Realty Trac is not a listing site. They publish notices of default & foreclosure from the public records. many of these homes have not yet completed foreclosure and are not yet on the market. When...
View ArticleAnswer by Hopeful
Dana - if this is the case, why do such properties appear in searches?
View ArticleAnswer by Monika Kumar
Another Hopeful answer is, if you are a memeber of RealtyTrac and or have another way to find who the trustee is on the property - call them or visit their website and ask when the courthouse auction...
View ArticleAnswer by Pat Mulligan, ABR, SRS, CDPE
Monica and Dana are both right-- RealtyTrac is getting their info from public notices. If the house is not saved or sold by the Owner who is in arrears, it will auctioned on the courthouse steps by the...
View ArticleAnswer by Vicky Chrisner
To answer your recent specific question - generally, no. An exception might be if it is a local, small bank that is the owner. The big companies - Freddie, Fannie, BofA, Countrywide, Wachovia, etc....
View ArticleAnswer by Glenda Cherry
Great answers from everyone! Another point you have to consider is that the "listing" from RealtyTrak shows an "estimated bid amount" rather than an actual list price. This is almost always the amount...
View ArticleAnswer by Lori Jeltema
Every morning over my coffee, I read the trustee sales/forclosures in the daily newspaper and do back research on the ones that I want more info on. Pat gave an excellent description of the process. I...
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