Anyone here in real estate?

**dommo_g** · 02-05-2008, 05:53 PM

I want to know how buying/bidding on a foreclosure works.

Here's the info I got off google:

Foreclosure #: A200749087
Property Address: 10285 Ventura Street, Commerce City, CO, 80022
Certificate of Purchase to: Citibank, N.A., as Trustee
Purchaser Address: 2780 LAKE VISTA DRIVE, LEWISVILLE, TX, 75067-3884
Bid Amount: $192,380.94
Deficiency Amount: $0.00
Overbid Amount: $0.00
04/14/2008 Owners Last Date to Redeem:

Who would you contact if you want to buy this house?

Here's a pic:

**Station** · 02-05-2008, 05:55 PM

Quote:

Originally Posted by dommo_g

I want to know how buying/bidding on a foreclosure works.

Here's the info I got off google:

Foreclosure #: A200749087
Property Address: 10285 Ventura Street, Commerce City, CO, 80022
Certificate of Purchase to: Citibank, N.A., as Trustee
Purchaser Address: 2780 LAKE VISTA DRIVE, LEWISVILLE, TX, 75067-3884
Bid Amount: $192,380.94
Deficiency Amount: $0.00
Overbid Amount: $0.00
04/14/2008 Owners Last Date to Redeem:

Who would you contact if you want to buy this house?

Here's a pic:

it's like buying from a person, unless it is an auction, then

you'd deal with their real estate agent, or yours would deal with theirs

**Station** · 02-05-2008, 05:55 PM

and

for getting that much house for $192k

however

@ the poor bastards that live in the snow

**dommo_g** · 02-05-2008, 05:56 PM

As far as I know, it's gonna be auction. I just got done working at the house next door, and the lady told me the guy bought it brand new, and maybe lived in it 2 months out of a year and a half.

**TheStoner** · 02-05-2008, 05:57 PM

not sure but try calling CitiBank, ask for their foreclosure or auction department. You have the foreclosure number already. It might take a few phone calls and a few transfers but it's the same and searching on the interwebz only on the phone.

**TheStoner** · 02-05-2008, 05:59 PM

Quote:

Originally Posted by tubesocklove

and

for getting that much house for $192k

however

@ the poor bastards that live in the snow

you from cali? if you are and are familiar wtih Temecula, Murrieta area..you might be able to get something like this for a litlte more than the 192k!

**Station** · 02-05-2008, 06:03 PM

Quote:

Originally Posted by TheStoner

you from cali? if you are and are familiar wtih Temecula, Murrieta area..you might be able to get something like this for a litlte more than the 192k!

i'm familiar with that area... FUUUUUUUUUUCK that commute... i work in point loma...

i'm already in escrow for this place @$165k which is in san diego, about 30-45min commute with traffic

**TheStoner** · 02-05-2008, 06:07 PM

haha, didn't realize you were in SD. 165k? fuck. Looks nice! What are your payments like $1100/mo + tax & HOA?

**TheStoner** · 02-05-2008, 06:08 PM

awesome interest rates right now...might help things out but there are still alot of people who are going to be losing their homes in 2008

**Broken5hift** · 02-05-2008, 06:08 PM

around here, you need to pay for a foreclosure or auction in cash, as soon as you buy the place.

02-05-2008, 06:08 PM	#10 (permalink)
Broken5hift SOT Administrator Join Date: May 2006 Location: 345T C045t Posts: 26,337 gXboxLive Leaderboard: 27^th	around here, you need to pay for a foreclosure or auction in cash, as soon as you buy the place. __________________ SOT - .... I dunno, i wasnt really paying attention....

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02-05-2008, 05:56 PM	#4 (permalink)
dommo_g SOT Post Whore Join Date: Nov 2006 Location: Denver Posts: 2,328 gXboxLive Leaderboard: 53^rd	As far as I know, it's gonna be auction. I just got done working at the house next door, and the lady told me the guy bought it brand new, and maybe lived in it 2 months out of a year and a half.

02-05-2008, 05:57 PM	#5 (permalink)
TheStoner cutelatino4helen Join Date: Jun 2006 Location: Kill Cali Posts: 3,640	not sure but try calling CitiBank, ask for their foreclosure or auction department. You have the foreclosure number already. It might take a few phone calls and a few transfers but it's the same and searching on the interwebz only on the phone.

02-05-2008, 06:07 PM	#8 (permalink)
TheStoner cutelatino4helen Join Date: Jun 2006 Location: Kill Cali Posts: 3,640	haha, didn't realize you were in SD. 165k? fuck. Looks nice! What are your payments like $1100/mo + tax & HOA?

02-05-2008, 06:08 PM	#9 (permalink)
TheStoner cutelatino4helen Join Date: Jun 2006 Location: Kill Cali Posts: 3,640	awesome interest rates right now...might help things out but there are still alot of people who are going to be losing their homes in 2008