Do the prices are very low in the Yahoo database for expensive Foreclosures in South Beach, Florida real?

It's hard for me to believe executions listed in the Yahoo database excluding real property. Can anyone explain why it seems that there are properties in foreclosure for $ 40K – $ 100K?

They are real, but are very difficult to get, like any other price of foreclosure. The price can mean many things, on some lists, ie how far you are behind on their payments. Typically, these properties go to auction and are for sale to the highest bidder. An auction house with a starting price of $ 40k may end up selling for many times that once the bidders drive the price. Or the seller for noncompliance can reach an agreement the lender or a third party that prevents the start of going to the auction. Or it may be a huge tax bill attached to be cleaned before the title can be transferred. Yahoo and all places of exclusion of others write their lists in ways that are as attractive as possible to potential bidders / buyers. Not always be clear how much cost to buy that house. And there are plenty of hidden or unreported costs that arise at the time of the auction. Buying foreclosure properties is much more work and expertise, which they like to let the!