- This topic has 25 replies, 3 voices, and was last updated 16 years, 10 months ago by
pencilneck.
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March 30, 2008 at 10:52 AM #178737March 30, 2008 at 10:58 AM #178824
SD Realtor
ParticipantIf you post the property address I can look at it for you. Recall that the trustee sale price has nothing to do with the market price, in this case 550k verses 399k. They are orthogonal so don’t try to correlate them, all that means is that the home has depreciated significantly. Also the original sale of 450k is orthogonal to the 550k because the homeowner may have refinanced, got the home appraised at a higher value then the original 450k sales price and taken cash out.
SD Realtor
March 30, 2008 at 10:58 AM #178724SD Realtor
ParticipantIf you post the property address I can look at it for you. Recall that the trustee sale price has nothing to do with the market price, in this case 550k verses 399k. They are orthogonal so don’t try to correlate them, all that means is that the home has depreciated significantly. Also the original sale of 450k is orthogonal to the 550k because the homeowner may have refinanced, got the home appraised at a higher value then the original 450k sales price and taken cash out.
SD Realtor
March 30, 2008 at 10:58 AM #178742SD Realtor
ParticipantIf you post the property address I can look at it for you. Recall that the trustee sale price has nothing to do with the market price, in this case 550k verses 399k. They are orthogonal so don’t try to correlate them, all that means is that the home has depreciated significantly. Also the original sale of 450k is orthogonal to the 550k because the homeowner may have refinanced, got the home appraised at a higher value then the original 450k sales price and taken cash out.
SD Realtor
March 30, 2008 at 10:58 AM #178735SD Realtor
ParticipantIf you post the property address I can look at it for you. Recall that the trustee sale price has nothing to do with the market price, in this case 550k verses 399k. They are orthogonal so don’t try to correlate them, all that means is that the home has depreciated significantly. Also the original sale of 450k is orthogonal to the 550k because the homeowner may have refinanced, got the home appraised at a higher value then the original 450k sales price and taken cash out.
SD Realtor
March 30, 2008 at 10:58 AM #178366SD Realtor
ParticipantIf you post the property address I can look at it for you. Recall that the trustee sale price has nothing to do with the market price, in this case 550k verses 399k. They are orthogonal so don’t try to correlate them, all that means is that the home has depreciated significantly. Also the original sale of 450k is orthogonal to the 550k because the homeowner may have refinanced, got the home appraised at a higher value then the original 450k sales price and taken cash out.
SD Realtor
March 30, 2008 at 11:11 AM #178751pencilneck
ParticipantThank you! I think I get it.
(although I did have to look up orthogonal)
March 30, 2008 at 11:11 AM #178740pencilneck
ParticipantThank you! I think I get it.
(although I did have to look up orthogonal)
March 30, 2008 at 11:11 AM #178758pencilneck
ParticipantThank you! I think I get it.
(although I did have to look up orthogonal)
March 30, 2008 at 11:11 AM #178380pencilneck
ParticipantThank you! I think I get it.
(although I did have to look up orthogonal)
March 30, 2008 at 11:11 AM #178839pencilneck
ParticipantThank you! I think I get it.
(although I did have to look up orthogonal)
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