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Updated almost 9 years ago, 01/20/2016
Help interpreting CAD information
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?