Reply
Topic Options
- Subscribe to RSS Feed
- Mark Topic as New
- Mark Topic as Read
- Float this Topic to the Top
- Bookmark
- Subscribe
- Printer Friendly Page
0
Flipped House priced to make a giant loss, why?
Options
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Email to a Friend
- Report Inappropriate Content
11-26-2012 06:07 PM
http://www.redfin.com/CA/Chula-Vista/2273-Lattice-
Does anyone know why this would occur? Property was sold at auction a month ago and relisted now for a massive price drop.
0
Re: Flipped House priced to make a giant loss, why?
Options
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Highlight
- Email to a Friend
- Report Inappropriate Content
11-26-2012 09:36 PM
It's not a price drop. It was foreclosed by the lender at the first mortgage amount. The owner purchased for $365k and then the bank foreclosed for the balance.



