Well I told her that it sounded like a scam. Not a major league scam on the part of the people getting $160 for the “database” but there probably was a major league scam somewhere behind it. I explained that quit claim deeds and foreclosures aren’t typically a part of a lease option deal.
An open secret to locals, Orcutt Burgers has some of the best food in Santa Maria and Orcutt. They regularly place as one of the favorite fast food restaurants in town. But don't let the name fool you -- it's not just burgers. The breakfast menu is outstanding with plenty to offer. Visit any weekend morning and you will see the place packed with locals enjoying flapjacks, super sized omelettes and the homemade salsa.
You would be surprised how many times I am asked this question with amounts varying from as little as $5000 to $50,000. And my answer to that is an easy no. I even had someone ask me about an $81,000 home in Foxenwood Estates! When I ask these potential buyers where they are getting this type of information, they point to the various foreclosure related websites. After sampling a few, for properties that are in pre-foreclosure (i.e. a Notice of Default has been filed) the amount of the payments that are in arrears, or the amount of the second loan owing on the property shows up as the list price, when in fact the home may not even be listed with a broker.