Didn’t this guy overpay?
14988 Amso St
Purchase 1/12/06, $ 481K (zillow.com)
REO sale ? $ 535K (foreclosure.com)
Hey, this buyer got a 15% reduction in 4 months.
13842 Powers Rd
Purchase 12/27/05 $488K
REO sale date? $410K
I’m more puzzled about the first transaction. Any insights? Did the first guy do a bunch of remodeling? But don’t you have to be delinquent for 6 months before they can sell your house, and he bought it only 5 months ago.
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