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Updated almost 9 years ago, 01/20/2016

User Stats

469
Posts
32
Votes
Benjamin Cowles
  • Cape Coral, FL
32
Votes |
469
Posts

Help interpreting CAD information

Benjamin Cowles
  • Cape Coral, FL
Posted

I'm taking preforeclosure leads from an online publication's public notice, checking them on the local CAD to make sure they're not under water and one I ran into says under the "last transaction" section:

"Sales disqualified as a result of examination of the deed:

Transfer to or from bankruptcy trustees, administrators, executors, guardians, personal representatives, or receivers" 

which I'm not sure what that means, but usually it's accompanied by like a $100 price tag, or something really low as if just to have a number in there but this one in particular has a $207,800 one from back in 2011. So I'm just trying to figure out what this could mean and just understand this info better. 

What is a bankruptcy transfer? Is that when they're trying to protect their property from seizure? 

And what would this $200k price have to do with anything?

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