I’ve been half-heartily house hunting (heh) for a while now. Using Zillow, I’ve been watching a home that was on the market for almost a year. I finally visited it yesterday and discovered that it looked almost abandoned. The “for sale” sign had also been removed and was stashed next to the house.
When I got back home, I did some research on the county auditor’s website. In January, there was a “Sheriff’s Deed on Mortgage Sale” in which Wells Fargo Bank bought the house for $298k. Two days later it was quitclaimed to Fannie Mae for one dollar. What happened here? Is this a foreclosure?
I’d like to get into the house to check it out, but who do I call? Should I call the original listing agent? I’d hate to pay his or her commission if I could buy it directly from Fannie Mae.
