Funky Transaction

[bearishgurl]

[quote=urbanrealtor]. . . I am curious how they got the place for $480k to begin with.

That seems really low.

That is the only part that seems funky to me here.[/quote]

UR, did you consider that the transaction could have been among relatives? As you know, “name” doesn’t mean anything. I haven’t seen the inside but the most recent sellers may have also replaced all the dryrotted walls, roof, cabinets, etc. IOW, they purchased it as a “moderate or heavy fixer.”

[urbanrealtor]

[quote=bearishgurl][quote=urbanrealtor]. . . I am curious how they got the place for $480k to begin with.

That seems really low.

That is the only part that seems funky to me here.[/quote]

UR, did you consider that the transaction could have been among relatives? As you know, “name” doesn’t mean anything. I haven’t seen the inside but the most recent sellers may have also replaced all the dryrotted walls, roof, cabinets, etc. IOW, they purchased it as a “moderate or heavy fixer.”[/quote]

Yeah what we have here is a bit of an information set (in several dimensions). Either way, non-verifiable pseudo-market factors.

[urbanrealtor]

[quote=bearishgurl][quote=urbanrealtor]. . . I am curious how they got the place for $480k to begin with.

That seems really low.

That is the only part that seems funky to me here.[/quote]

UR, did you consider that the transaction could have been among relatives? As you know, “name” doesn’t mean anything. I haven’t seen the inside but the most recent sellers may have also replaced all the dryrotted walls, roof, cabinets, etc. IOW, they purchased it as a “moderate or heavy fixer.”[/quote]

Yeah what we have here is a bit of an information set (in several dimensions). Either way, non-verifiable pseudo-market factors.

[urbanrealtor]

[quote=bearishgurl][quote=urbanrealtor]. . . I am curious how they got the place for $480k to begin with.

That seems really low.

That is the only part that seems funky to me here.[/quote]

UR, did you consider that the transaction could have been among relatives? As you know, “name” doesn’t mean anything. I haven’t seen the inside but the most recent sellers may have also replaced all the dryrotted walls, roof, cabinets, etc. IOW, they purchased it as a “moderate or heavy fixer.”[/quote]

Yeah what we have here is a bit of an information set (in several dimensions). Either way, non-verifiable pseudo-market factors.

[urbanrealtor]

[quote=bearishgurl][quote=urbanrealtor]. . . I am curious how they got the place for $480k to begin with.

That seems really low.

That is the only part that seems funky to me here.[/quote]

UR, did you consider that the transaction could have been among relatives? As you know, “name” doesn’t mean anything. I haven’t seen the inside but the most recent sellers may have also replaced all the dryrotted walls, roof, cabinets, etc. IOW, they purchased it as a “moderate or heavy fixer.”[/quote]

Yeah what we have here is a bit of an information set (in several dimensions). Either way, non-verifiable pseudo-market factors.

[urbanrealtor]

[quote=bearishgurl][quote=urbanrealtor]. . . I am curious how they got the place for $480k to begin with.

That seems really low.

That is the only part that seems funky to me here.[/quote]

UR, did you consider that the transaction could have been among relatives? As you know, “name” doesn’t mean anything. I haven’t seen the inside but the most recent sellers may have also replaced all the dryrotted walls, roof, cabinets, etc. IOW, they purchased it as a “moderate or heavy fixer.”[/quote]

Yeah what we have here is a bit of an information set (in several dimensions). Either way, non-verifiable pseudo-market factors.

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