I found another preforeclosure. This is a friend’s neighbor (divorce), and we had been discussing how long this house has been on the market. They listed it at $775K last fall, and dropped the price in January to $750K. But in October they were served with pre-foreclosure! I would have expected a bigger reduction.
Does anyone know how to make sense of the RealtyTrac lien info? Do they list only current mortgages, or do the old ones stay on the record, even if they are paid off as part of a refinance?
