how do i know if a property on zillow is a short sale, reo, or equity sale?

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October 20 2011 - Fernley
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Answers (4)

Profile picture for sunnyview
On Zillow, there is no way to tell unless it is included in the listing itself. You can call a local agent to see if they have that info listed on the local MLS. That's about it.
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November 06 2011
Profile picture for L Strasberg
an unrealistic price well below all others is generally a short sale listing...keep in mind,  the list price is not the same as what properties close at...

REO's close at a 40% discount and short sales at a 20% discount to new construction...

properties once occupied can be insured at no less than $100 per sf
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November 05 2011
Profile picture for biglizzardhead
some sites, redfin for example, have this info for almost every property - redfin is not in nevada of course - dont know if this makes a difference
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October 21 2011
Profile picture for ConnieK_Oklahoma

you really don't know.   You just have to read teh notes and hope that the entry commented on it.  Even in the MLS where we have a field specifically for searching conditions affecting sale (court approval, reo, and so on).  it's not a required field so you can use it to find SOME of those properties but you can't find them all.  search tools are only as good as the data and teh data is put in by thousands of people with varying degrees of attention to detail.

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October 20 2011
 

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