Not that I have a buuch of time behind me doing this, but I saw something this week I had not noticed before. In the description of a real estate listing on a web site, they stated this home was in "pre-foreclosure." My question is who might have listed the home...the bank or the owner? I looked up the property in the county records and there has been no change of ownership and it certainly does not show a bank as owner. Is this a common practice and would it be a good time or even legal??? to contact the owner?
(After I sent this I had one of those V-8 moments.) The bank doesn't own it yet so they could not have listed it. Obviously the owner is trying to sell the home via an agent before foreclose hits so there is a contract and fees. I guess I could call the owner, but now that it is listed, that would not do much for me.) Correct??