You need to be careful to translate foreclosure info from realtytrac or any site. A Nod or a Not, has no relevence on what is owed or what it will sell for. The notice of default was for one loan, there may be more than one loan on a property. Recorded or recent sales on zillow for much more or much less than the market value also throws people off because in a repo if the bank took it back for the outsanding loan, that price shows up, doesn’t mean that a buyer paid that unusually high or low price.
Half the fence sitters on this site are looking at cv, I’m worried for you guys because that alone may keep it’s prices from falling similar percentages to everyone else.
