Zillow Advice: Buying a Foreclosure - How do I bid on a forcelosure in Pasadena CA http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ Zillow Advice | Zillow Real Estate If this was April 1st... ... http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ If this was April 1st... I would say bid and pay what the prior homeowner paid for ...&nbsp; LOL<br/><br/><br/>But seriously. LOWBALL LIKE CRAZY an bid what homes were selling for 10 years ago (prior to the bubble) plus inflation&nbsp; ie 30%.&nbsp; Say 200K then and $260K or so today.<br/><br/>Research using Dqnews and zillow price history of said home or nearby home ...<br/><br/>BTW...<br/>http://www.housingbubblebust.com/OFHEO/Major/SoCal.html<br/>http://dqnews.com/Charts/Monthly-Charts/LA-Times-Charts/ZIPLAT.aspx<br/><br/>Bear in mind what prices were before the bubble in California circa 1997.<br/>Disregard what prices were over the past 10 years. They will never come back again...&nbsp; That is the nature of Bubbles.<br/> Sun, 22 Mar 2009 20:27:00 GMT http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ 2009-03-22T20:27:00Z That question really should ... http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ That question really should be asked to CountrySlide, since they were located in Pasadena, started in Pasadena, and helped create all the <a href="http://www.zillow.com/homes/for_sale/fore_lt/">foreclosures</a> across the nation.&nbsp; Not to mention, they needed to be foreclosed on.&nbsp; So they really should know how <a href="http://www.zillow.com/homes/for_sale/fore_lt/">foreclosure</a> liquidation goes in Pasadena, and how to best take advantage of <a href="http://www.zillow.com/directory/lenders/">lenders</a> like CountrySlide.<br/><br/> Tue, 11 Aug 2009 04:01:00 GMT http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ 2009-08-11T04:01:00Z Unless the foreclosed home ... http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ Unless the foreclosed home is specifically up for auction, you would submit an offer like on a regular sale. If you're working with an agent he/she can&nbsp;put together an offer for you and submit it to the bank.&nbsp; Mon, 10 Aug 2009 03:51:00 GMT http://www.zillow.com/advice-thread/How-do-I-bid-on-a-forcelosure-in-Pasadena-CA/213704/ 2009-08-10T03:51:00Z