Upcoming Foreclosures

I seen a house on yahoo real estate foreclosures the amount has $2,515.00 I like to know is that the price?

It was on RealtyTrac Inc on stratford ave elkins park I went by the house and their was a sign on it and call the realtor and he said that 2,515.00 was not the price and that it was not in elkins park but it is .It 4 bedroom

Public Comments

1. dont u beleve it!
2. yea if u can go ahead lol
3. Why didn't you ask the realtor what the price is? How would anyone here know the price?
4. No, this isn't the price. When I first started looking for houses, I thought about doing the same(buying a foreclosed house). But what happens is--the foreclosed house will go up for auction and fetch fair market value. Remember if it sounds too good to be true, it probably is.
5. That is likely the foreclosure amount on a second, but the first must be satisified first. This would not be the asking price of the property. I have seen a few real estate agents listing like this, which should be illegal, as it is NOT the asking price. But, I am not a real estate broker, I am not sure how legal the listing is. I looked up one here for someone looking in Pittsburg, CA. The listing was 15k but the asking price was actually around 725k