All Forum Posts by: Adam Brizuela

That depends on whether your MLS forces that field.

However you definitely want to know the status of the foreclosure case and how long you have to sell it before the sale date. Also FYI it is almost impossible to tell the actual payoff amount of a defaulted mortgage without a payoff statement. It will be way higher than any other sources suggest, and the number climbs daily when they are behind. If you have not already, have the client pull a payoff statement. The danger I see here is listing the property as a  traditional sale and having it end up short, which is definitely info you want before listing.