Guess the real question is the business reason for taking that kind of risk on an asset that only a month ago was put up for auction for 535k? That is the best way to know what a property is worth right? What it will sell for? Well there were numerous bids on this house in and 535k was the winning bid. Why would they think that suddenly someone would pay 598k one month later…..? That is why it sounds fishy to me. Nothing personal just business.
