Realtytrac question

[Claude Hodge]

Hey everyone. I want to know exactly what I am looking at. I have been looking at Realtytrac. After getting to the county that I want to look in, I go to the "bank owned" section. There are many great looking deals that I see...........too great if you ask me. I will see very nice homes, in very nice neighborhoods that I know very well. I will look at the beds / baths / square feet. Then I will see a price of, let's say, $13000.00. The normal price of homes in this area, even now, is upwards of $300,000.00.

So, my question is, what is this price that I am seeing? Is this what it will take to pay off fines / liens, etc.? Or is this really the price of these bank owned homes? I realize that I will get much more info if I pay for the monthly subscription. I just want to know if I am reading this correctly, and if it will be worth it to subscribe. Thanks in advance, and I hope to hear from someone who has firsthand knowledge on the subject!

Claude