Serhiy Onyshchuk / Realty One Group Preview – Northwest WA Real Estate, Call 425.610.SOLD (7653)

From the blog:

A while back I shared a vivid example of how RealtyTrac pre-foreclosure listings on Trulia confuse home buyers.

Are you still interested in pre-foreclosure listings? Here’s another example. One of my buyers sent me this Arlington WA pre-foreclosure listing she found on Zillow:

Granted, unlike the pre-foreclosures on Trulia, this one doesn’t show a misleading listing price. However, look at the Zestimate! Isn’t that a hint on the market value of this pre-foreclosure? 283K for a 3,989 square foot home? Even for Arlington, WA that’s a very good deal!

If you didn’t read that post about RealtyTrac listings on Trulia, go ahead and do it as I don’t want to repeat the same rant.

Let me just tell you that I searched the MLS for a home with the bits of data I was able to pick up from this Zillow listing: city (Arlington, WA), street name (176th) year built (2007), square footage (3989). And here you go!

It’s a short sale currently listed for… 429K!

 

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