Belt Auction

Whats the deal with yahoo real estate?

When I searched yahoo real estate for foreclosed homes, the asking price is very low, some as low as $2,500. I know that foreclosures sell low but never that low unless they are completely beat up inside and these don't appear to be. Can someone explain this to me? Please!

Public Comments

1. this might be an auction starting price or perhaps a tax lien scenario, or more likely, an error of the part of the person listing it.
2. It could be just the price for a rental that was put in the wrong area of Yahoo real estate. This has happened on the MLS and in the newspapers. Common occurence when there is little time to proofread.
3. It' is probably a typo and no one has caught it yet. Or it could be a ruse to get you to contact them, then they tell you that property is sold, however they just happen to have this other property you might be interested it... See how that can work?