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Q: Foreclosed properties. ( Answered,   0 Comments )
Question  
Subject: Foreclosed properties.
Category: Business and Money > eCommerce
Asked by: oldzoni-ga
List Price: $30.00
Posted: 03 Oct 2004 12:02 PDT
Expires: 02 Nov 2004 11:02 PST
Question ID: 409719
I'm looking for homes either in foreclosure or where foreclosure is
completed within the geographical area of Pasadena, Glendale or
Burbank, California.  I'm willing to pay $25.00 for the answer.
Answer  
Subject: Re: Foreclosed properties.
Answered By: pafalafa-ga on 03 Oct 2004 14:28 PDT
 
oldzoni-ga,

The best source of listings I've found for foreclosure properties is a
commercial service known as RealtyTrac at:

https://www.realtytrac.com


If you click on the "SEARCH" tab, and then enter a zip code in the
appropriate box, it will return a summary listing of foreclosures for
that zip code (for some reason, the zip code searches seem to work
better than city name searches, though you're certainly welcome to try
both).

You can also enter a partial zip code for a broader search.  

For instance, a search on 91103 -- a zip code in Pasadena -- should
return about 20 foreclosure listings for that zip code, but a search
on 9110  (without a final digit) will return about 77 listings for ALL
of Pasadena.

A typical  summary listing looks like this:

9/28/2004  NOD  RMSC Property Details   Pasadena, CA  91103  $3,086 3 2 

NOD indicates a "Notice of Default", and RMSC is the code for
"Residential property (miscellaneous)".  The "3" means three bedrooms,
and "2" is two bathrooms.

Fuller descriptions of each property are available, but to get them,
you need to be a subscriber to the RealtyTrac service.

Happily, they offer a 7-day free trial, so you can certainly see all
the listings in your area, but for continued access you would need to
pay for a subscription.

NOTE:  For the free trial, you'll have to provide credit card
information AND you'll have to cancel your trial before 7-days,
otherwise you'll be billed for service.

A full property listing looks something like this (and it happens to
be from San Francisco rather than Pasadena, since this is what I
accessed during my own free trial):

==========

This property is a Notice of Foreclosure Sale. A notice was filed at
the recorder's office by the lender's attorney signifying a public
auction. This 825 square foot property has 0 bedrooms and baths. The
minimum bid amount is $256846. This property will be auctioned at
public sale on 9/7/2004.

County: San Francisco  
Address: 1803 Castro St, 
 San Francisco, CA 94131 
TS #:   
Parcel Number: 6581 -030 
Doc #:   
Trustee/Reference #: 04-10034 
Type:  Residential 
Default Amt: $0.00 

Status: NTS Last Payment:  Sale Date: 9/7/2004 (2:00PM) 
Recorded: 9/7/2004 Balance: $0.00  Beds: 0  
Entered On: 8/27/2004  Opening Bid: $256,846.00 Baths: 1 
Auction (Sale) Location:400 Van Ness Ave,  
Trustee: C&H Trust Deed Service. Lender:  Broker:  
Address: 5305 E 2nd St Ste 203 Address:  Address:  
Long Beach  CA   90803         
Phone: 5629871759 

==========

I believe the RealtyTrac information should fully meet your needs.

But before rating this answer, please let me know if you need any
additional information.  Just post a Request for Clarification, and
I'll be happy to assist you further.

All the best,

pafalafa-ga


search strategy:  Used bookmarked sites for foreclosures

Clarification of Answer by pafalafa-ga on 31 Dec 2006 08:55 PST
There's an excellent summary of foreclosure and pre-foreclosure
resources available here:


http://mysite.verizon.net/dsarokin/xa/id4.html


Hope you find it useful.


David
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